Falkirk Council has reduced its forecast budget gap but still faces significant financial challenges, according to a new financial strategy reported by the Falkirk Herald.
Improved position
The report says the council balanced its 2026/27 budget without using one-off temporary funding and no longer has the largest shortfall among Scottish councils relative to the size of its General Fund. More than £46 million in savings are expected between 2022/23 and 2026/27.
Council tax assumption
The strategy uses a planning assumption of an 8.5% council tax rise: 7% for day-to-day services and 1.5% for capital investment. The 1.5% element would raise about £15.1 million for roads, schools, street lights, sports pitches and other assets.
Not yet decided
These are planning assumptions; council tax levels are set when councillors agree the budget.
