Council Tax set for 2016/17
24th February 2016
Increased investment in retail parades and in protecting the Green Belt were announced last night at Full Council when the budget for the coming financial year was agreed (Tuesday 23 February).
Lead Member for Resources, Cllr Matthew Bedford, said:
"We are protecting services that residents rely on and investing in key areas.
"Councils are working with a really tough background. We have successfully been working with businesses, including Leavesden Studios, and increasing the revenue generated from Business Rates as a result.
"We have made an average of £350,000 efficiency savings each year for the past ten years and are now creating a new reserve fund to hedge against any future economic downturns."
Cllr Bedford added:
"Three Rivers' Council Tax will rise by an average of 3.15% in the coming year to £158.90 average for the District Council component but it will still remain lower than it was ten years ago. No other council in Hertfordshire can boast that."
The District Council's budget for the coming year also includes:
- Further improvements to children's play areas.
- Investment in providing parking bays in retail parades and villages.
- Improvements to District Council-owned footpaths.
The District Council has also been consulting residents on retaining the garden waste collection service for an optional charge of £35 per year per household with reductions for residents receiving certain Benefits. The scheme is expected to be introduced later in the new financial year and follows similar charges already introduced by other authorities around the country.
The average Council Tax bill will rise by between 2.2% and 3.9% with an average Band D household bill rising by 3.15%. The average Band D increase will be £4.85 for the year. Three Rivers District Council and the Parish Councils receive approximately 13 pence in the pound of Council Tax.
The average Band D charge for Three Rivers including the District Council and Parish precepts plus special expenses for 2016/17 are:
- Abbots Langley £205.84
- Chorleywood £215.03
- Croxley Green £205.37
- Sarratt £212.53
- Watford Rural £203.27
- Unparished £192.71
Hertfordshire County Council’s portion of Council Tax for Band D households will increase by an average of 3.99% (which includes a charge for social care) from £1,141.09 to £1,186.62 for a Band D household, an increase of £45.53 for the year. Hertfordshire County Council receives 77pence in the pound of Council Tax.
The Government's Revenue Support Grant for Three Rivers District Council is nearly £1.49 million in the current year, will fall to £0.94 million from this April and to effectively zero by 2018/19.
Councils currently retain 50% of Business Rates and this is expected to increase to 100% by 2020.