Tags: Local Council Tax Support grant

Forest of Dean - Local Council Tax Support grant update

Dear FOD Parish and Town Councils,

Local Council Tax Support (LCTS) grant

Background

From 2013 – 14, the council tax base reflected the actual amounts paid by residents who pay less council tax as a result of a local support scheme. As a result, the council tax base has decreased in most areas. Where it decreased, the same level of parish/town council precept produced less revenue, from the same... Read More »

Posted: Tue, 19 Jan 2016 14:46 by Alison Robinson

Tags: FOD, Forest of Dean, LCTS, Local Council Tax Support grant

Local Council Tax Support grant

We have been contacted by quite a few councils relating to the potential loss of LCTS, as local councils will have to increase the precept to 'bridge the gap'.

Councils could consider the option of increasing the precept alongside the LCTS, and accrue funds (into financial reserves), to be used when the grant ceases in order to soften the blow, especially as the precept is not being capped currently.... Read More »

Posted: Mon, 09 Nov 2015 15:08 by Alison Robinson

Tags: Local Council Tax Support grant, budget, finance