A CUT of 5d in the Northumberland County Council rate, reducing it to 14s 9d was recommended by the Finance Committee at a special budget meeting of the county council at Newcastle yesterday and was approved.
The proposed rate – made up of 13s 8d for the general rate and 1s 1d for special rates – is designed to raise the balance of £3,730,241 during 1961-2. Gross expenditure for the year is estimated to be £14,547,599 – an increase of £1,245,178 on the amount approved for the current year.
After deducting Government grants and other income totalling £10,456,477, the estimated net expenditure to be from rates is £4,091,122 – a decrease of £45,246 on the current financial year. The present rate is 15s 2d.
The Finance Committee reported that they anticipated saving something like £330,000 in the current estimates and considered that they sum of £330,881 might be appropriated from balances towards the rate requirement for 1961-2.
The main increases in committee requirements are: Education, Highways, Health and the Standing Joint Committee.