Council tax 2014
The Budget and Council Tax for the 2014-15 financial year was set on 25 February 2014. This covers the period 1 April 2014 to 31 March 2015.
Like all councils we are facing a huge challenge in trying to protect essential services from the impact of further significant cuts in our funding from the Government. Over the past four years we have delivered savings of £170m, the majority of which have come from efficiencies and delivering services in different ways.
This budget is based on making savings of £41m over the next twelve months. We will then need to find further reductions making a total of up to £195m over the next five years. To deliver these savings at the same time as protecting services as much as possible we will need to build a different and even more efficient Cornwall. This work is already underway and we will be working with our partners and people in Cornwall to establish our priorities.
This is a balanced budget which aims to preserve key services and cut down on waste and inefficiencies. We carried out the most extensive public consultation exercise in our history to ensure we listened to the views of local residents, businesses, partners and staff. The budget, which includes a 1.97% increase in council tax – 47p a week for a Band D property – is based on the feedback we received.