Council Tax rises planned for South Holland for next five years

Leaders at South Holland District Council are planning to raise Council Tax bills by £4.95 a year for the next five years.

The figures feature in the authority's draft budget and medium term financial plan and strategy - which is due to be discussed by the cabinet on Tuesday before going out to consultation.

A £4.95 rise is based on a band D home and is a 2.68% increase to £189.63 next year - although many residents in the district should see a smaller annual increase as they live in lower banded homes (see below).

Any rise of higher than 2% or £5 would be subject to a referendum.

The figures relate to South Holland's share of the bills - which makes up about 10% of the total paid by residents.

By 2026/27 it is estimated that a band D home will pay £209.43 for South Holland services - compared to £184.68 in 2021/22.

Earlier this week, Lincolnshire County Council said it expected its share - or precept - to rise 3% to pay for the rising cost of adult social care.

The district council is due to receive a slightly higher revenue support grant from the Government - with £286,000 coming for 2022/23 compared to £277,000 last year.

The council will also receive £1.118m New Homes Bonus too.

As with the county, the district council is waiting to hear on funding deals for the coming years - with uncertainty on the figures post this coming year.