City of Lincoln councillors have unanimously approved a 1.91% rise in the authority’s share of council tax for the second successive year.
At a meeting of the full council on March 1, all councillors agreed on the increase which will see council tax for Band D properties in the city rise by £4.77 to £254.52 in a year.
Lincoln’s most expensive households will also experience an increase of nearly £10 in their bills.
Members have voted unanimously in favour of the Medium Term Financial Strategy, including 1.91% rise in the council's share of council tax.
— Lincoln Council (@lincolncouncil) March 1, 2016
The city council is responsible for collecting council tax from residents, but only keeps just over 16% of it.
The rest goes to Lincolnshire County Council and the Police and Crime Commissioner, who have both approved rises in their shares of council tax.
City of Lincoln Council’s Executive supported the rise in council tax in January, and the plans went out to consultation.
The council has pointed to “unprecedented financial challenges” following Chancellor George Osborne’s Spending Review in November 2015 as a reason for the rise.
The authority claims its government grant will drop by 99% over the next four years from £2.585 million to £22,000 in 2019-20.
Further savings of £1 million on top of the current target will need to be identified by 2018-19.