Wyre Forest District Council's annual budget consultation which enables residents to give their views on spending proposals for the new financial strategy running from April 2017 through to March 2020 closed on Thursday 19 January 2017.
For the second year running we plan to freeze the Wyre Forest District Council part of your Council Tax bill in 2017-18. This means a typical Band D household in Wyre Forest would continue to pay £3.95 a week to the District Council towards protecting services that local communities value.
The budget strategy for 2017-20 is a budget for affordable growth, with bold ideas to grow income for the Council while also supporting regeneration, housing and economic growth in line with our priorities to “support you to contribute to a successful local economy” and “support you to live in clean, green and safer communities”.
We are seeking support from residents, businesses and the Council for ambitious plans to borrow up to £35m to strengthen the Council’s capital property portfolio and to lend money to third parties to help them to realise regeneration and housing projects.
Why are we doing this? First, to reinforce the important role that the Council plays in shaping future growth and investment in Wyre Forest and beyond through its ambitious regeneration plans. Secondly, to generate revenue income for the Council to protect the front-line services that communities value and to deliver the Council’s commitment to keep taxation low.