At its meeting last night, the Council was advised of the latest current savings target for 2018/19 and confirmed the Council Tax rates for East Dunbartonshire for the coming financial year.
A Council Tax increase of 3% was unanimously agreed which will see the Council Tax rate for a Band D property increase from £1,176.11 to £1,211.39 which equates to £35.28 per year, or £3.53 per month for the ten month billing period.
Ann Davie, Depute Chief Executive for Education, People & Business said, “The 3% increase is in keeping with the Scottish Government’s funding package which allows flexibility to increase Council Tax by up to 3%.”
This level of increase will deliver approximately £1.867 million in additional income towards the £19.733 million which is the current assessment of the Council’s funding gap.
Council also agreed to meet again on Tuesday 20 March to finalise the Budget for 2018/19 and identify how the remaining £17.866 million in savings will be achieved.
Mrs Davie continued, “Balancing the Council’s budget has become increasingly challenging in recent years, with this year’s funding gap the largest we have yet faced. Significant work is ongoing to identify proposals that will achieve the further savings of almost £18 million which still need to be found.”