More uncertainty for councils leading to more costs for residents
City of Lincoln residents will face a near 3% rise in council tax, while council housing rents will rise by more than 6% this year.
As part of money-raising measures in the Government’s Local Government Finance Settlement this year, ministers have given councils the power to increase tax by 3% and officers are recommending a 2.90% rise to councillors this year.The officers said this could the be followed by a yearly rise of 1.90% until 2027/28.
The increase will see average rent rise to £81.18 a week for general purpose and sheltered accommodation and £125.99 for affordable rent properties. “In addition, the council is facing growing demands for some of its key services as those more vulnerable in the city, a client group that was impacted the hardest during Covid 19, look to the council for support as the cost-of-living crisis hits household incomes.”
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