Budget and council tax proposal 2025/26
Consultation has concluded
Thank you for your contributions to the Budget and council tax proposal 2025/26 consultation.
Your feedback was discussed at Council on 21 February 2025 where the budget and council tax proposal was agreed. You can watch the meeting online. You'll find it and the report in important links.
This is what we asked you.
Lincolnshire County Council’s Executive considered 2025/26 budget proposals on 7 January 2025. They discussed increasing demand and around £20m in lost Government funding. Read the report here (opens in new tab).
What do you think? Share your thoughts before 5pm on 28 January 2025:
- Complete the survey
- Email us on budgetconsultation@lincolnshire.gov.uk
- Write to Financial Services, Lincolnshire County Council, County Offices, Newland, Lincoln. LN1 1YL
Our costs are going up and government is changing the way it funds councils so we'll get less money than expected for the next five years. Government will give more money to deprived areas, which means Lincolnshire loses out. We’re making savings and we'll get some additional cash next year.
As part of government rules, we can increase council tax by up to 5%. Our rate is one of the lowest among counties in England. We’ve taken difficult decisions in the past so we’re in a strong position compared to other councils.
The budget proposal considers three options:
- Option A is a 2.99% increase and use £9.7m of reserves / additional savings
- Option B is a 3.99% increase and use £5.8m of reserves / additional savings
- Option C is a 4.99% increase and use £1.8m of reserves / additional savings
In recognition that it’s still tough for you too, the Executive said that their preferred option is to increase council tax by 2.99% and use £9.7m of reserves and/or further savings (option A). That also means we can continue to provide quality services. Please use the survey to give your views.
We shared a feedback summary with the Executive on 4 February and Council on 21 February 2025.