Council tax payers in Hull are facing a 5 per cent increase from April, the council has announced.
Central government funding has been reduced by £11 million for 2017/18.
Cllr Brady says the council has lost an estimated £136m between 2010 and 2020 which amounts to an overall loss of around 55%.
The rise in council rates is set to cost the taxpayers living in band A properties around 10p per day or £36 per year. This equates to around 68% of the properties within the city, with band D properties seeing an increase of around 16p per day
Cllr Brady, in presenting to the Finance And Value for Money Overview and Scrutiny, said that successive governments have failed to tackle the problem of an increasingly ageing population and that a lack of investment in pensions requires extra funding to ensure adequate social care can be provided in future.
Listen to Cllr Brady speaking at a Hull council committee meeting here:
The council rate rises across the country yet again cause the issue of a supposed “postcode lottery” to become debated. The increase in tax by Hull council is estimated to raised £8m, with councils such as Kingston-Upon-Thames in London, set to acquire around £14.5m by increasing the rate by the same amount.
Raising the amount to the government’s proposed 3%, will allow on average, £8.01 per person per year to be raised in Hull, whereas in London, councils such as Kingston upon Thames, would receive £15.27 per person per year.
Hull has a increasingly high level of residents that are dependant on social care, with 57 per cent of the city’s people reliant on some support, which is much higher than the national average of 44 per cent, further highlighting the increasing pressure the council is under to ensure that an adequate level of social care can be provided.
Councillor Gwen Lunn, Portfolio Holder for Public Health and Adult Social Care, added:
“Hull has a high proportion of residents who have poor health and rely on social care support. Because of the deprivation in the city, many of these people are unable to make a significant financial contribution to fund their own support.”
Further debate as to how Britain can tackle the looming problem of funding social care in an increasingly older population is set to be debate in Westminster on Wednesday.