Martin Ford 10 January 2024

Somerset in capitalisation request amid ‘financial emergency’

Somerset in capitalisation request amid ‘financial emergency’ image
Image: Number1411 / Shutterstock.com.

Somerset Council is to seek a capitalisation direction and permission to raise council tax by up to 10% as it attempts to stave off a section 114 notice.

The unitary authority is facing a £100m funding gap for the next financial year as a result of inflation and mounting costs in services such as social care.

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