Cumbria County Council's Cabinet is to recommend to Full Council that Council Tax is increased by 1.99% for 2016/17.
Since 2011, the council has identified £153 million it can make in savings, but another £76 million worth of savings still need to be made over the next three years.
Putting tax up has been identified as one of the ways the county can get through what's described as "a challenging situation".
Cllr Patricia Bell, Deputy Leader of Cumbria County Council and Cabinet member responsible for finance said: “This year our budget consultation has been about strategies for the future and how we can deliver our statutory services in a drastically different way within the budgets available. A process within which there have been no easy decisions. This budget has been finalised over the past couple of months during which Cumbria was hit by widespread and repeated flooding leaving the county with an estimated repair bill of £465 million pounds with £257 million of this in respect of infrastructure damage.
"Today’s recommendation to full Council from Cabinet goes forward without knowing how much financial support the Government will be giving us and as anyone setting their household budget knows, in order to live within your means, you need to have confidence in the income you are expecting to receive.
"So far we have made our savings by reshaping the council; changing how we do business internally as well as a significant amount that has come from working more effectively with our partners and communities. Even with this we still face an extremely tough and challenging time as a result of Government cuts.
"We are forced into raising a 2% Adult Social Care Precept because the Government has reduced the Revenue Support Grant. Raising money locally for adult social care is probably the first of a succession of responsibilities we will see pass from central to local government in this parliament. Although personally I think this is not the baton of responsibility, but rather that of debt.
"We have a legal duty to balance our books and we must live within our means. The journey ahead will be difficult but despite this we have actively embraced the change, taken control of our future and despite the tough economic times which the council continues to face, we remain committed to older and disabled people, vulnerable children and others. People who could not manage without the services and support of the council.”