Merthyr Tydfil Council is considering a 6% increase in council tax for its residents in the upcoming year. This potential rise would mean that a Band A household could pay an additional £1.52 per week, while a Band D household might see an extra £2.28 per week on their bills. The council had set a target to achieve savings of £8.8 million at the beginning of 2024. On February 26, the councillors of Merthyr Tydfil will receive proposals for savings to review and decide on setting the budget for the next financial year.
The council stated that extensive work had been carried out to ensure the achievability of all identified proposals in the plan throughout the year. It also identified a programme for longer-term savings to be realized over a extended period. With rising pressures, particularly in adult and children’s social care, the council described the budget-setting process as extremely challenging. The council highlighted external factors such as changes in government funding and unexpected economic challenges, which impact the financial stability of the council.
To engage with the community and allocate resources effectively, Cabinet Member for governance and resources, Councillor Anna Williams-Price, expressed the council’s commitment to implementing a comprehensive engagement programme in the coming year. Leader of the council, Councillor Brent Carter, elaborated on the need for savings despite a positive budget settlement increase from the Welsh Government. He emphasized the importance of balancing the budget and exploring opportunities for income generation to address financial challenges.
During recent budget consultations, feedback from residents indicated a preference for maintaining services even if it meant a council tax increase. The proposed 6% rise in council tax was a result of this feedback, with a focus on minimizing impact. The council aims to keep the increase as low as possible. The proposed increase will be deliberated at a full council meeting on February 26, where all 30 elected members will vote on the decision.
Acknowledging the financial concerns of residents, Councillor Brent Carter emphasized the council’s commitment to transparency and planning. He emphasized the residents’ opportunity to prepare for any potential changes ahead of time. The council remains dedicated to preserving the financial stability of Merthyr Tydfil for the future, ensuring essential services are protected. This proactive communication from the council provides residents with insight and time to plan for possible adjustments in their finances.
In conclusion, the proposal for a council tax increase in Merthyr Tydfil reflects the council’s efforts to balance the budget, considering the community’s needs, and addressing financial challenges. The engagement with residents and the commitment to financial stability demonstrate a proactive approach by the council in managing the budget effectively. Residents will have the opportunity to voice their opinions through their elected representatives before the final decision is made at the council meeting on February 26.