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Finance and money

Lambeth to consider ‘historic’ two year council tax freeze

Lambeth is set to consider a proposal to freeze council tax for the next two years at a meeting of its Cabinet on Monday 12th November.

If the recommendation to freeze council tax for two years is agreed by the Cabinet, Lambeth would be one of the first local authorities in the country to make a commitment to freezing council tax for two years.  

This commitment would be subject to the approval of the full Council when it meets in February to set the Council tax and budget for 2013/14. 

Council tax levels have been frozen by Lambeth council in each of the last four years. A further two year council tax freeze would mean residents will see Band D council tax held at 2008 levels (£1232).

Lambeth’s cabinet member for Finance and Resources, Councillor Paul McGlone said,

“The rising cost of living and the high levels of unemployment in London have meant many local people are finding they have less to spend or save.

‘A two year council tax freeze would help keep the cost of living down for thousands of people in Lambeth. It would be a historic decision which would keep council tax at the same level for six consecutive years and would send the clearest possible signal that we are on the side of our residents in these tough times.”

ends.

Notes for editors:

  1. The council tax proposal is contained within the ‘November Finance review’ report to be discussed at cabinet on Monday 12th November.
  1. Council tax levels in Lambeth:
  • In 2008 council tax (band d) was £1,232.01
  • In 2012 council (band d) is £1232.01  

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