Residents of Anglesey are facing a hefty 9.5% council tax increase next year, raising concerns about affordability and local services.
Anglesey: So, there’s a big talk about a 9.5% council tax rise for folks living here. It’s been proposed for the next financial year, and people are worried.
The council shared these plans during a meeting on January 15. They also want to keep the tax premium for empty and second homes at 100%. Sounds like they’re trying to help first-time buyers with some of that cash.
If this tax hike goes through, Band D properties will cost about £1,721.70 a year. That’s a lot! Plus, they’re looking at cutting some revenue savings by nearly £699,000.
They did get a bit of good news, though. The Welsh Government is giving a 3.6% funding increase, which is better than what they expected. But still, it’s one of the lowest in Wales.
They’re facing a funding gap of about £10.79 million. That’s before any cuts or using reserves. The council’s trying to balance everything without putting too much burden on residents.
They’re also worried about rising National Insurance and inflation. It’s a tricky situation, especially for social services. They want to protect school budgets and bring in new talent to the council.
In the end, they’re asking for public feedback on this proposal. They want to raise the council tax to meet the needs of families and support social services. It’s a lot to think about!
