A new Council Tax Support Fund policy will offer vital financial help to households facing significant economic challenges.
Published: Tuesday, 9th January 2024
Cherwell District Council’s new policy, rubber-stamped by the Executive yesterday (8 January), aims to address the pressing needs of financially strained households and assist families during these difficult economic times.
Residents receiving Council Tax Support as at 16 November 2023 with a balance to be paid for 2023/ 24 will receive up to £85 as a credit. This is in addition to the £50 already allocated. This means the Cherwell households most in need will benefit from up to £135 in support to help pay their 2023-24 Council Tax.
Councillor Adam Nell, Deputy Leader and Portfolio Holder for Finance, said: “One of our core goals is to help our vulnerable residents cope with the ongoing high cost of living.
“This new policy is about giving vital assistance to those who qualify for Council Tax Support. We want to ease their money worries and help out those going through tough times. This extra financial support should undoubtedly help them.
“We care about our residents and communities and are here to support everyone who needs it.”
Government grants of £164,691, plus matched funds from Oxfordshire County Council, will fund Cherwell District Council’s planned financial support package.
Eligible households will receive the additional credit before 31 March 2024.