Isle of Wight Council’s Deputy Leader and cabinet member for Resources has addressed your concerns over rises in council tax.
As reported by Isle of Wight Radio, the Isle of Wight Council is searching to save £7.5 million on it’s budget, which could mean a 6% rise in council tax. In addition to this, it needs to find another £900,000 due to a potential 2% rise in wages, according to the cabinet member for Resources.
Councillor Stuart Hutchinson says the rise in council tax will help with the “increasing demand for adult social care”.
“It’s absolutely not being used for the Floating Bridge. Now the we’ve brought the bridge back into action it’s beginning to earn its corn. What we have had to is to put in the losses that the floating bridge has made into the current year’s budget, and to balance that we’ll take some money from reserves to cover it. We’ll certainly not be increasing council tax to pay for it.”
LISTEN: Cabinet member for Resources Stuart Hutchinson speaks to Lauren Roberts about the local authority’s budget and council tax changes.
Read the full report due to go before the full council here.