Lewisham Council have agreed their 2018/19 budget.
Our 2018/19 budget was agreed at a meeting of Full Council on 21 February 2018. The new budget includes a 3.99% council tax increase. The increase is equivalent to an extra 89p a week for a Band D property. The council tax increase will provide £1million of funding for social care services for older residents.
Sir Steve Bullock, Mayor of Lewisham, said: ‘We have frozen council tax for five of the last eight years while providing vital public services for residents and supporting some of the most vulnerable people in our community.
‘But the Government’s decision to cut over 63% of its funding for Lewisham Council between 2010 and 2020 has left us with no option but to increase council tax.
‘The Government’s budget cuts won’t stop our work to make Lewisham the best place in London to live, work and learn.
‘We are transforming Catford, Deptford and Lewisham town centres with new homes, shops and open spaces. We are building 500 council homes and 2,000 new affordable homes in Lewisham to tackle the housing crisis. And we have raised the number of employers paying the London Living Wage in Lewisham by over 560% since 2015.’