The budget for Ceredigion County Council for the forthcoming financial year has been approved by Councillors in a Council meeting held virtually on Thursday 03 March 2022 and is set at £165.843m together with a Council tax rise of 2.5%, which is a reduction from previous proposals due to new funding announced.
The Council recently received correspondence from Welsh Government concerning additional funding which can be used for inflationary pressures. Being mindful of the additional financial pressures being placed on our residents, including current cost of living/inflation and with the new national insurance tax being implemented on 01 April 2022, the new funds, of which Ceredigion should receive over £1m, means a significantly lower Council Tax increase for next year only.
High quality services continue to be delivered for residents and Ceredigion currently has a lower Band D Council Tax than the all Wales average.
Councillor Ellen ap Gwynn, Leader of Ceredigion County Council, said: “The Council is aware of additional financial pressures being placed on our residents, including cost of living/inflation and considerable increases in energy prices. Low settlements and additional pressures are likely for the following two years. We welcome the additional funding by Welsh Government which has been applied to Council Tax across the county and a balance has been struck to enable services to continue for our residents.”
Further information on the Budget for 2022-2023 can be found on Ceredigion County Council’s website: https://council.ceredigion.gov.uk/ieListDocuments.aspx?CId=149&MId=165&LLL=1
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