The council has announced the budget proposals that it plans to consult Rhondda Cynon Taf residents on including schools, council tax, efficiency savings, energy and specific service and spending changes. A report to cabinet on Monday, January 23, sets out proposals for the second stage of the budget consultation covering council tax, schools, efficiencies, specific service/spending changes and energy.
On council tax, the medium term financial plan has been modelled based on an increase in council tax for 2023/24 of 2% but the proposal is to consult on a modelled increase of 3.5% and the extra income which this would generate, as compared to that previously modelled would be £1.433m. The report said that a 1% increase in council tax will generate an additional income for the council of £1.211M (at the 2023/24 tax base level) but will also cost £256,000 in additional Council Tax Reduction Scheme requirements.
The report said that the budget gap of £38m which the council faces equates to 7.7% of the budget, excluding authority wide budgets.
