Bexley’s budget and your Council Tax

Councillors have approved a budget of £208m for the new financial year starting in April to cover services for the borough’s 250,000 residents.

It includes investing in services that all residents use, such as our parks, open spaces, highways, libraries, bin collections and supporting our most vulnerable residents, including people with disabilities, children in care and adults needing social care.

The budget also includes around £30m of extra capital investment, on top of £162m of investment already planned over the next four years.

These proposed investments include:

• £15.5m on road and footpath resurfacing across the borough

• £2m on digital projects to support service transformation

• £500,000 on improvements to the Homeleigh hostel

Councillors agreed an increase in Council Tax of 2.99% and the Adult Social Care precept of 2%. This increases Bexley’s Band D Council Tax to £1,603.62.

Council Tax bills will include further amounts for the Greater London Authority and other London wide services. The Mayor of London has increased his share of the Council Tax by 9.7%.

“We were re-elected last May on a mandate that we have translated into a plan that will be delivered before 2026, through this budget and our medium term financial strategy.

“I understand that many residents are under pressure due to the cost of living and, as always, we will continue to work hard to ensure that we spend their money sensibly.”

Councillor Baroness O’Neill of Bexley OBE, Leader of the Council

This year’s budget is the first shaped by the Council’s new corporate strategy, ‘Making Bexley Even Better: Our Bexley Plan 2022/26’. The budget and the Medium Term Financial Strategy set out how the Council will use its resources to achieve the aims detailed in the plan to make Bexley even better by 2026, by supporting residents to live the best lives possible and to reach their potential.