Posted: 13.01.21 at 11:33 by The Editor
South Kesteven District council says it has financial 'protection' against the financial impact of the pandemic, but it has warned of the effects of less funding from central government.
A meeting of its cabinet yesterday examined plans for its 2021/22 budget, which includes a proposed £5 rise in Council Tax for Ban D Properties.
However, it will have to come back following consultation and will go before Full Council in March.
The budget will also be debated at a council budget scrutiny committee this afternoon.
Part of the SKDC budget includes a government grant of £362,000 “which will provide some financial level of protection against unforeseen COVID costs,” said Cllr Adam Stokes.
Coun Stokes added: "The overall visuals [numbers] are not immune from variation, and fluctuation.”
Leader of South Kesteven District Council, Kelham Cooke said: “I think none of us can doubt, there’s a challenging 12 months ahead of us. Even with a COVID recovery.”
As Nub News recently reported, Covid has been adding to uncertainty caused by cuts in government grants to the council.
A number of national reductions in funding means SKDC predicts its income will reduce from £18.5 million next year to £13.4 million by 2024-25 and, so money will have to come from elsewhere.