Council Tax has been frozen for the fourth year in a row in Charnwood as it approved its latest budget.
Charnwood Borough Council has announced it will not increase Council Tax for 2014/15 while the Loughborough Special Rate, paid by residents of Loughborough, will stay at £73.51 also for the fourth consecutive year.
At the same time, the Council is pumping almost £2.3 million over the next three years into a number of projects designed to boost the local economy and improve the quality of life in Charnwood.
Councillor Tom Barkley, Charnwood Borough Council’s Cabinet Member for Finance and Property, said: “We are delighted to be able to freeze Council Tax for our residents for the fourth consecutive year. Despite the freeze, the Council has yet again been able to protect frontline services so we can continue to deliver the best possible customer care for the borough at great value for money. We are also very pleased to be able to invest in major projects that we believe will help the borough grow and prosper.”
The Council has also committed £2.3million to a number of projects to help the Borough grow and prosper, be safer and more secure and to help residents and visitors celebrate and enjoy Charnwood. These include:
* £185,000 to improve car parks in Sileby, Southfields (Loughborough), Barrow Upon Soar, Anstey and Mountsorrel.
* £180,000 of Community Facilities Grants to help parishes, towns and community organisations throughout the borough.
* £150,000 to provide mobility scooter stores in sheltered housing schemes.
* £70,000 to upgrade the Council’s CCTV network.
* £243,000 on improvements to Loughborough Town Centre including shop front improvement grants, public realm improvement work and a shop for Charnwood Museum.
* £50,000 match funding for Shepshed Shop Front Improvement Grants.
* £35,000 for new neighbourhood notice boards and provision of litter bins.
Investment in the Council’s housing stock will continue, with the Council pumping £26.2 million into property improvements over the next three financial years.
The budget was approved at Full Council on 24th February 2014.