Council tax 2016

The Budget and Council Tax for the 2016-17 financial year was set on 16 February 2016. This covers the period 1 April 2016 to 31 March 2017.

Like all local authorities, Cornwall Council continues to face significant financial challenges in trying to protect essential services from the impact of austerity and significant cuts in our funding from Central Government. 

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In setting a budget for 2016-17 we have also looked further ahead to set a Medium Term Financial Plan (MTFP) that is the best budget for Cornwall during these austere times. 

The 2016-17 budget has been set based on an overall increase in council tax of 3.97%. This includes 2% resulting from new powers granted by the Government to raise council tax to provide much needed money for adult social care services which support vulnerable people in Cornwall. The overall increase equates to 99p per week for a Band D property.

Central Government funding for local authorities was confirmed in February 2016. The Government has made an offer of a four year settlement to all authorities, which provides a greater degree of certainty over future funding levels. 

However the funding reductions that will be made during this period are significant and, when compounded by service demand pressures and inflation, results in a requirement for savings of £40m to be made in 2016-17.  Over the four years to 2019-20 we are planning for the Council to have to make savings of some £103m in total during that period.

Thanks to our budget planning over the past few years the Council is in a strong position to deal with the financial challenges ahead.  We have worked hard to become more efficient and effective by restructuring the council and delivering services in different ways.  We are also working with Town and Parish councils, local residents and the voluntary and community sector to give communities more say in the running of their local services.