2024/25 budget
As of 20 February, the Council has approved the final revenue and capital budget for 2024/25
This incorporates a Council Tax increase of 2.9 per cent, which is within the Government’s limit of 3 per cent plus a further 2 per cent Adult Social Care (ASC) Precept in line with Government expectations.
The precept is essential to enable councils including Coventry to manage increases in the costs of care.
In total, the rise in Council Tax bills will be the equivalent of around £1.60 a week for a typical Coventry household including the expected rises in the precepts for Police and Fire.
The position after 2024/25 remains uncertain. Reviews about how much local authorities receive from the Government will not now happen until after a general election expected later in 2024.