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- Community News
- 29 February, 2024
Bromley council has approved plans to raise council tax for residents by 4.99per cent, the maximum amount allowed without a referendum.
The rise, due to come into effect in April, comes alongside council officers predicting a future deficit in 2027/28 of over £38million.
Conservative councillor Christopher Marlow said at a Bromley council meeting on February 26 that if the authority didn’t make significant savings, reserves would be fully exhausted within three years.
He said: “We remain the only local authority in London with no debt, albeit we fully expect in the coming year that status to change. However, I think our title as least indebted borough in London will be one we certainly intend to hold onto for a very, very long time indeed.”
