CARADON District Council has set its council tax increase at 2.75%, making the rise on an average band D property of 9p a week or £4.71 a year. The authority's budget for 2008/09 will be £12,058,040. Caradon's leader, Cllr John Turner, said: 'Immediately after the election, work began on a review of the council's financial strategy, and, after a close look at where savings could be made, economies of nearly £1m have been identified.' He said Caradon repeatedly fared worse than its neighbouring district councils when the government's revenue support grant was determined. Next year, North Cornwall District Council will receive more than £1million more than Caradon, while Restormel will receive £2.5m more. Less than a third of Caradon's budget is raised through council tax. The rest is funded by fees, charges and central government grants. County, town and parish councils in Cornwall have yet to set their precepts.