Mansfield District Council looks set not to increase council tax to plug a £1.9million hole in its budget next year. New papers reveal the gap will instead be funded through savings, reserves and increased fees and charges.
The Labour-run authority confirmed in October it needs to find £1,894,000 to balance the books in 2023-24. Its spending – known as the general fund revenue budget – is higher than previously forecast due to rising inflation, energy pressures and increased staff pay.
The council said in October £332,000 has been added to its costs through electricity increases, with gas budgets rising by £254,000. And a further £802,000 has been added because of a nationally-agreed £1,925 pay award for all council staff in England.
