The council's 2012/13 budget and Council Tax levels for the forthcoming year were approved at City Council on February 28, 2012.
A comparison to the current year's Council Tax is as follows:
|Council Tax (Band D)||2011/12||2012/13|
|City Council||1,113.67||1,113.67||Increase of||0%|
|Frankley Parish Precept||42.57||40.59||Decrease of||4.7%|
|Total (incl Frankley)||1,303.52||1,301.54||Decrease of||0.2%|
A breakdown, on a band-by-band basis, is as follows:
|Band||B’ham||Frankley Parish Precept||Total (inc Precept)|
The ratification of the latest budget means that for six consecutive years Birmingham City Council has increased its share of Council Tax bills below the rate of inflation.
Between 2006/07 and 2010/11, Council Tax was increased by 1.9 per cent for five years in a row.
In 2006/07 this was equal to inflation (after the Consumer Prices Index was retrospectively lowered), while for each subsequent year the increase has been below inflation.
In both 2011/12 and 2012/13, a Council Tax freeze has been approved.