Bromley residents will see their council tax bills increase by 4.21 per cent when the next financial year begins.
Bromley Council’s balanced budget for 2018/19 was agreed at the full council meeting on Monday, February 26.
The rise is made up of an increase of 1.99 per cent on the Bromley element of the council tax, plus a two per cent adult social care precept “to address cost pressures in the area”.
Adding in the Greater London Authority (GLA) precept which has increased by 5.07 per cent, this results in the headline figure increase of 4.21 per cent. The GLA precept is the Mayor’s part of the council tax, collected by London’s boroughs and the Corporation of London. It helps pay for the services provided by the GLA Group and the running of City Hall.
Bromley Council leader, Colin Smith, said: “As we face up to the further significant funding reductions which lay ahead, along with cost pressures such as inflation, care for the elderly and homelessness, it remains clear that the severity of challenges we face, simply cannot be underestimated.
“The key challenge facing future years’ budgets remains the balance between spending, Council Tax levels, investment, charges for services, and service reductions in a council handicapped by starting from a low spending base.
“As I have pledged since I first took over as leader, I intend to continue to lobby tirelessly for a better funding deal from government for Bromley residents, and I am pleased to confirm that this campaign is now firmly underway.”
- Those in Band A will see their council tax bill rise from £929.36 to £968.47 – a total increase of £39.11.
- Those in Band B will see their council tax bill rise from £1,084.25 to £1,129.89 – a total increase of £45.64.
- Those in Band C will see their council tax bill rise from £1,239.15 to £1,291.30 – a total increase of £52.15.
- Those in Band D will see their council tax bill rise from £1,394.04 to £1,452.71 – a total increase of £58.67.
- Those in Band E will see their council tax bill rise from £1,703.83 to £1,775.53 – a total increase of £71.70.
- Those in Band F will see their council tax bill rise from £2,013.61 to £2,098.36 – a total increase of £84.75.
- Those in Band G will see their council tax bill rise from £2,323.40 to £2,421.18 – a total increase of £97.78.
- Those in Band H will see their council tax bill rise from £2,788.08 to £2,905.42 – a total increase of £117.34.