Home > Latest News > Business > Plans to build a 'stronger economy and stronger communities' outlined as cabinet approves proposed new budget
Chris
2/13/2025 11:16:05 AM
4 mins read
Members of North East Lincolnshire Council’s cabinet have unanimously supported the authority’s proposed Budget, Finance and Business Plan for the financial year starting on April 1, 2025.
This plan will now progress to next week’s Full Council meeting for discussion and vote.
A key detail recommended and approved at last night’s cabinet meeting was a core Council Tax increase of 1.98% and the application of a 2% Adult Social Care precept.
The overall proposed plan reflects the aims and objects set out in the new Council Plan, which will come into effect from April 1. This puts a ‘Stronger Economy’ and ‘Stronger Communities’ at the heart of the authority’s vision.
Priorities to achieving this vision are outlined and include:
The Leader of North East Lincolnshire Council, Cllr Philip Jackson, says: “As Leader of this Council I am pleased to be able to support a plan that delivers a balanced budget.
“Here in North East Lincolnshire we are entering 2025 with much change in the years ahead as we remain committed to improving our towns, supporting business growth and offering our people more opportunities to live independent, healthier and better lives.”
Cllr Jackson emphasised the importance of this change, adding: “Our Freshney Place regeneration scheme is, in my firm belief, the most important regeneration project we have seen in North East Lincolnshire. It is key to the future of our town centre – underpinning the other regeneration taking place. This includes the new Horizon Youth Zone, the Alexandra Dock housing scheme and the E-Factor Business Hub – as well as securing the future of Freshney Place and the 1,700 local jobs it supports.
“Cleethorpes too, will have its own transformation with our grant-funded projects in Pier Gardens, Market Place and Sea Road taking shape. When complete they will add to our already successful resort – a true jewel in the crown of the East Coast,” added Cllr Jackson.
The proposed Budget Plan confirms how other influences have had a bearing on its content – including the creation of the Greater Lincolnshire Combined County Authority, (GLCCA), further investment in the Humber Freeport, net zero ambitions and environmental responsibilities.
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