Angus Macpherson, Police and Crime Commissioner for Wiltshire and Swindon, is consulting on the police and crime element of council tax for 2014-15.
He is considering an increase in the police and crime element of council tax of £3.15 a year for the average home (band D property).
This to help reduce the impact of significant central government grant reductions on policing and crime services in Wiltshire and Swindon.
An average increase of £3.15 per household would provide Mr Macpherson with an additional £740,000 of local income for 2014-15.
It would still be the lowest council tax rate for police and crime services in the south west.
Looking ahead three years to 2016-17, a proposed increase of £3.15 a year would reduce the potential funding shortfall by £2.3 million, meaning that savings of £12.5m would be required rather than £14.8m.
Since the start of the 'austerity' period, savings of more than £10 million have already been made.
Mr Macpherson said: “During the past few months we have been reviewing the budget very carefully and it is clear that as central government funding continues to reduce more and more, we have to look at a small increase in the police and crime element of council tax.
“The council tax rate for policing and crime services in our area has not increased for the past three years and it will still be the lowest in the south west.
"I do believe people will be willing to pay just a little bit more a year towards sustaining high quality policing and crime services in the county, especially neighbourhood policing.
“Ensuring value for money for residents in Wiltshire and Swindon while maintaining high quality services is very important to me.
"That is why we are embracing new ways of working smarter across the public sector, working with other PCCs and police forces in the south west and local partners.
"As public sector budgets continue to be cut, the aim is to work more effectively together to both improve customer service and reduce costs.”
The current rate of police and crime council tax for an average band D home in Wiltshire and Swindon is £157.77. This would increase to £160.92 under the proposal.
The consultation will run from today until Monday, February 3.
During this time Mr Macpherson and members of his office will attend Wiltshire Council Area Boards and Swindon Council locality meetings to talk with people about the proposal.
People can also read more about the proposal and give their views on the commissioner’s website – www.wiltshire-pcc.gov.uk
Parish and town councils and chambers of commerce will also be informed about the consultation.
Mr Macpherson will be speaking with the Police and Crime Panel about the proposal at a meeting due to take place in Swindon on Wednesday, January 15.
The panel is then due to meet again on Thursday, February 6, where Mr Macpherson will formally give his proposal.