110 jobs are also set to be cut
Nottingham City Council is planning to raise council tax by the maximum amount allowed and review parking charges across the city due to a funding gap of more than £30 million next year. The authority has released its proposed financial plan for the next four years and despite the significant cuts, the council says they are still not enough to balance its books next year.
As well as the £29 million of savings made, Nottingham City Council is also planning to hike council tax to cover its funding gap. Chancellor Jeremy Hunt announced in his budget that local councils would now be able to increase council tax by 4.99% without a referendum, and Nottingham City Council is planning to do so for the next two years.
For now, the council's current plans will be discussed at a public Executive Board meeting on Tuesday at Loxley House. Councillor Adele Williams, the council's deputy leader and portfolio holder for finance, said: "Most councils up and down the country are facing significant financial difficulties, and once again we are faced with some really difficult decisions about how we balance our budget next year.
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