Daventry District Council has set its budget for the forthcoming financial year.
The £9 million revenue budget for 2012/13 was agreed by councillors at a meeting on Thursday night (March 1). It includes a freeze on Council Tax for the second year in a row, as well as savings of £1.15m that have been made following a range of measures including an organisational review of the Council and its services.
The authority’s Council Tax level for 2012/13 will remain at £120.57 per year for a Band D property, one of the lowest levels in the country.
Throughout 2012/13 the Council will also continue to invest in improving local amenities and services, earmarking money within its capital programme for the ongoing regeneration of Daventry’s town centre and industrial areas and for voluntary and community grant funding. It will also continue to pursue invest-to-save and income generation schemes such as the joint crematorium development with Rugby Borough Council and the housing for rent initiative based at Middlemore.
Councillor Chris Millar, Leader of Daventry District Council, said: “The 2012/13 budget shows an improved position than in previous years despite the severe cuts in funding that the economic crisis has brought.
“This is largely due to the major review of the Council’s services and structure, which has allowed us to make significant savings whilst minimising the impact on services, and leaves us in a prudent position over the medium term.
“There’s no doubt that challenges still lie ahead with further reductions in Government funding expected over the next few years, but we will continue with our policy of working more efficiently, while improving the services we provide to our residents at the lowest possible cost.”
To find out more about the Council’s budgets and spending visit www.daventrydc.gov.uk.