Windsor housing tax set to rise 3%
Housing tax is set to rise 4% in Windsor and Maidenhead next year, as draft budget plans have been unveiled.
Two percent of this amount will be general municipal taxes, the other percent being reserved for social spending for adults. This is the maximum amount authorized by the government for 2022/23.
There will also be an increased investment of £ 3million in children’s services in 2022/2023, as part of a £ 10million boost over the next three years.
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Royal Borough of Windsor & Maidenhead (RBWM) Chief of Council Andrew Johnson said the authority “historically and most recently has had its financial challenges, but we are in a much better position than two years ago. “.
He added: “It remains a very difficult time for the local government. We continue to face increasing cost pressures, particularly in the South East.
“Inflation is north of four percent and there are continuous fluctuations in parking revenues, which have stabilized a bit recently.
“We’re probably a bit unique. We have the fourth lowest council tax in England.
“We are facing an increase in the costs of social services for adults and services for children, mainly due to demographics but also the legacy of Covid. ”
Cllr Johnson said other issues driving up costs include family breakdown, increased domestic violence and lost parking income since the pandemic.
In addition to social services for adults and services for children, some of the other spending areas in the new budget include tackling climate change, regenerating and improving infrastructure.
A £ 50million capital expenditure program, including £ 14million for new projects, includes £ 10million for flood reduction measures along the Thames, £ 16million for affordable housing, new parking lots and construction projects for 2,000 housing units. at the Maidenhead Golf Club.
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Savings of £ 3.4million are also expected which Cllr Johnson says is “much lower than in previous years and I think it reflects very well the work we have done over the budgets of the past few years. to minimize pressure “.
The draft budget documents will be presented to the RBWM cabinet next Thursday (25 November). If approved, it will go to public comment in December and January, then return to the board for final approval on February 22, 2022.
The plans were released earlier than usual “to provide as much certainty as possible for the partners,” Cllr Johnson said.