Budget 2022-2023

Greater investment and lower council tax – Newport’s 2022/23 budget

Newport City Council’s Cabinet has agreed how it will spend its budget for the coming year with a focus on education, support, quality of life and the future of the city.

One major change to proposals put forward in January is to the council tax rate.

A rise of 3.7 per cent was originally proposed, but following overwhelming feedback from the public consultation, this has been reduced to only 2.4 percent.

At the January Cabinet meeting, investments totalling £15m were presented and went out for consultation. Thanks to a positive settlement from Welsh Government – the grant that makes up nearly three quarters of the council budget – there was also around £3.9million that could be allocated that could be invested in priority areas.

Using the feedback from residents about what services are most important to them, some of the key investments agreed include:

 

 £8m for schools

 £6.5m investment in care, support and prevention services over and above inflation

 £420k to prevent and address homelessness 

 £377k to boost the city centre

 More that £2.5m to improve parks and open spaces

 £200k to support climate change and carbon neutral agenda

 Planning for ongoing issues caused by the pandemic

 

Read more information on each of these proposals 

 

Brief2

The council received a positive draft budget settlement in December. This is the amount of money we expect to receive from Welsh Government. The draft increase for Newport in 2022-23 is 10.2 per cent.

Budget council tax  simple chart

More than three-quarters (76 per cent) of the council’s budget is funded by the grant from the Welsh Government.

The balance is funded by council tax. For every one per cent cut in Welsh Government grant, council tax would have to increase by four per cent to maintain the same spending levels.

Budget increase in children_2

The council provides over 800 services for 151,000 people living in more than 65,000 households. With the impact of Covid-19 on businesses, the economy, employment, and health, we are seeing the demand for support-based services continue to rise.

Strat2

We have set out our strategic aims with a focus on the communities that have been impacted most by Covid-19 and ensuring we support our economy to rebuild.