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This consultation has now ended. The results of this project are now being analysed, and we will add links to reports and further information when they are available.
On the 20th December 2023, the Minister for Finance and Local Government announced the Provisional 2024/25 Local Government Settlement. This is the funding from Welsh Government that Councils across Wales receive and forms the main part of our annual Budget income.
The settlement for Rhondda Cynon Taf amounts to an increase of +2.8%, which is below the average across Wales of +3.1%.
The average all Wales settlement level for 2024/25 was as expected, but it still falls short of fully funding the significant pressures the Council is facing and also at a time when our residents, businesses and communities continue to face a cost of living crisis.
We are currently facing a budget gap (which is the difference between how much we need to spend and how much funding we have) of over £36 million.
We now need to make decisions and take actions to make sure that our budget for 2024/25 is equitable (fair) for everyone, protects our key services wherever possible and doesn’t leave us in a worse position for the following year.
This consultation has now ended. The results of this project are now being analysed, and we will add links to reports and further information when they are available.
On the 20th December 2023, the Minister for Finance and Local Government announced the Provisional 2024/25 Local Government Settlement. This is the funding from Welsh Government that Councils across Wales receive and forms the main part of our annual Budget income.
The settlement for Rhondda Cynon Taf amounts to an increase of +2.8%, which is below the average across Wales of +3.1%.
The average all Wales settlement level for 2024/25 was as expected, but it still falls short of fully funding the significant pressures the Council is facing and also at a time when our residents, businesses and communities continue to face a cost of living crisis.
We are currently facing a budget gap (which is the difference between how much we need to spend and how much funding we have) of over £36 million.
We now need to make decisions and take actions to make sure that our budget for 2024/25 is equitable (fair) for everyone, protects our key services wherever possible and doesn’t leave us in a worse position for the following year.
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