Bromley faces tax hike as council turns down government 'bribe'
PUBLISHED: 16:27 22 November 2013 | UPDATED: 16:36 22 November 2013
Bromley will turn down a government "bribe" to freeze council tax in order to prevent future "major financial problems", says the council leader.
At a meeting on Wednesday, Bromley Council’s executive agreed a recommendation for a 1.99 per cent tax hike across the borough.
The plan was seen as “unavoidable” by residents who attended the annual public meeting, according Cllr Stephen Carr - who believes accepting the government’s offer would not be financially “sound”.
Bromley Council have made savings of around £57million over the past three years, and are preparing to find another £60million worth of savings in the next four years.
Cllr Carr said: “Be assured this recommendation to increase council tax is not taken lightly. Our record speaks for itself - over the years we have consistently had the lowest council tax in outer London.
“Our council receives one of the lowest levels of overall government grant. It has faced the biggest reduction in formulae grant in the last three years.
“If we received the average level of funding for London, our income would increase by a staggering £98 million.”
For more information on the tax increase, visit bromley.gov.uk.