Welsh Government have given very strong indications that they have no money to increase our funding (AEF) significantly more than the indicative 3.1% for 2024-25

Last year we balanced our budget with the help of a 7.9% increase in AEF. Unfortunately Nobody PCC Finance have talked to in WG or WLGA sees any chance of an increase in AEF of the order of 7.9% for next year

We have included this option so that Members can see how an AEF increase of the order of 7.9% (like last year) would help close our Funding Gap, however in reality, we think it is highly unlikely to happen!"

After feedback from users of the budget modeller there are now two different ways of choosing a Council Tax increase.

1. The default method is to select which colours of savings measures you wish the Council to take. The modeller then calculates what percentage of CT increase is needed to balance the budget.
 

2. The other method is to click on the option that currently says "" and change that to "Specify CT% Below". You will then be able to choose a level of CT increase directly.

The Pressures position () will continue to change as estimates and assumptions are refined and updated between now and the end of the financial year, but this is the current best estimate.
 
This total excludes a £3m pressure for teachers’ pensions which is expected to be funded by WG and excluded from the calculation. If not, the £3m would need to be funded by the Council.

Full Council set the Second Homes Council Tax premium at any figure up to 300%.

SHCT Premium 200% from 1st April 2024

LTE Premium (100% after 2 Yrs: 200% after 3 Yrs, 300% after 4 Yrs) from 1st April 2024