Crawley Borough Council’s budget passed on 27 February includes plans to spend £7m on investment properties, with the rental income used to help fund council services.
Crawley faces an 89.7% cut in its revenue support grant next year to £0.06m, down from £0.57m in 2018/19.
Its grant has been cut consistently, with the council receiving £1.76m in 2016/17..
The council’s element of council tax will rise by 2.49% in 2019/20.
Addressing his tax payers, Councillor Peter Lamb, leader of the council, said: “While Crawley Borough Council is responsible for collecting all your council tax, more than 88% of it goes to West Sussex County Council or Sussex Police.
“We’ve worked hard to ensure that Crawley Borough Council’s part of the bill is kept roughly in line with inflation, meaning that the ‘real terms’ increase this year comes exclusively from West Sussex and the police.”