There will be no rise in council tax after a freeze was agreed by councillors for the year 2011 - 2012 at a full meeting of the Council last Wednesday at Woolwich Town Hall.
Band D homes will continue to have an annual council tax of £1,290.73.
At the same meeting, councillors agreed an average rent increase of £5.16 per week for council tenants.
It was also revealed that the council is to consult its tenants on implementing a new service charge to help close a gap in the housing budget.
Council officers report that a £2.00 weekly service charge would meet the shortfall but a range of figures will be included in the consultation - the results of which are expected to be introduced from October 2011.