All the councils across the county approved their council tax budgets this week, so we have worked out what it means for you.

Leicestershire County Council approved a three per cent increase – the highest amount possible without having to go to a referendum – on their share of council tax this week with forty votes in favour and 11 against.

This will mean a £42.18 jump in cost for Band D properties for the next financial year, working out at around 81p a week.

However, this is not the only factor in council tax rates across the county, with all the district and borough's bar one increasing their own shares.

The police and fire services both put up their tax precept as well, by £10 and £5 on a Band D property respectively.

Speaking at the county council budget meeting on Wednesday, lead member for resources, Councillor Lee Breckon the necessity of raising taxes was 'regrettable'.

He said: "Resources are simply not keeping up with demand and cost increases.

"In Children and family services … the number of social care placements continues to rise steeply.

"Adult Social Care … [has a] an increasing population with increasing care needs and a growing number of people with learning difficulties. By 2041, we anticipate the number of over 80s in this county is set to double.

"It is always regrettable that we have to raise council tax, but in reality there is little choice in the matter. Without these addition resources, essential services would suffer."

Coun Breckon also revealed that, while the Conservative council's budget is balanced this year, in the coming years the gap between funds and costs is expected to only increase.

The council needs to make £94 million worth of savings in the next four years, with £40 million still to be identified.

"Unless service demand reduces or extra funding is found, the coming years will be very difficult," Coun Breckon said.

"The level of savings required are not what any of us want to see, but it does allow us to allocate the maximum level of resources to be directed at the services our residents value and depend on."

Liberal Democrat leader of the opposition, Michael Mullaney, criticised the tax increase.

He said: "We have a cost of living crisis at the moment. There has been a whole snow storm of hits to peoples incomes through various charges, and taxes and cuts, and on top of that they're going to be hit by a £42 increase in council Band D.

"Unfortunately Leicestershire is consistently taken for granted by the government and our endless pleas for extra support and fair funding are unfortunately ignored, have been ignored and we can expect them to be ignored in the future as well."

Leicestershire County Council

Band 2021/22 2022/23 Difference

A £940.52 £968.64 £28.12

B £1,097.28 £1,130.08 £32.80

C £1,254.03 £1,291.52 £37.49

D £1,410.78 £1,452.96 £42.18

E £1,724.29 £1,775.84 £51.55

F £2,037.80 £2,098.72 £60.92

G £2,351.31 £2,421. 60 £70.29

H £2,821.57 £2,905.92 £84.35

We added up all the council tax rises across to see how much it is going to cost taxpayers in the Coalville area. North West Leicestershire District Council North West Leicestershire councillors froze their share of the tax next financial year, making this the 13th year in a row without a rise. Councillor Nick Rushton, Corporate Portfolio Holder at NWLDC, said: "This year's decision [to freeze their portion] was especially important as we know many of our communities will once again face financial struggles, so we've balanced our need to spend and save." This will keep their share of the tax at £158.58 for a Band D property. Band 2021/22 2022/23 Difference

A £1,257.92 £1,296.04 £38.12

B £1,467.57 £1,512.05 £44.48

C £1,677.23 £1,728.20 £50.97

D £1,886.88 £1,944.06 £57.18

E £2,306.19 £2,376.07 £69.88

F £2,725.49 £2,808.09 £82.60

G £3,144.80 £3,240.10 £95.30

H £3,773.76 £3,888.12 £114.36