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Council poised to approve over £10m budget cuts and tax rise
The Chronicle
|February 20, 2026
PLAN TO UTILISE £4M OF COUNCIL'S RESERVES
GATESHEAD councillors are poised to approve a council tax rise, over £10m in budget cuts, and the use of millions in reserves to balance the books next week.
The local authority is set to approve its annual budget next Thursday containing a raft of measures to deliver a legally balanced budget. The measures include a legal maximum 4.99% increase in council tax, including the social care precept.
According to council calculations, this would equate to a weekly increase of £1.46 for band A homes, or £2.19 in band D properties.
This story is from the February 20, 2026 edition of The Chronicle.
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