An artist's impresion of how the trams will look going to Leith.

A Conservative motion, which will be tabled at the full council meeting, includes capping council tax rise at just two per cent, saving nursery teachers from the axe and binning the £25 garden waste charge.

Their proposals also include £70m being made available by halting plans to extend the tram line to Newhaven. Edinburgh City Council’s business case for the extension is based on borrowing, with future ticket sales paying off the debt. But Conservatives say without the extension to pay for, the future ticket sales revenue from the existing tram service can be ploughed into improving public services.

They claim that scrapping the tram extension plans would also free up a £20m dividend from Lothian buses, currently set to help fund the new line, for other investment.

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An artist's impresion of how the trams will look going to Leith.

The SNP-Labour administration is yet to publish its final budget proposals ahead of tomorrow’s showdown meeting.

Tory group leader, Cllr Iain Whyte, said: “With the council facing financial crisis due to the SNP Government’s budget cuts, the SNP and Labour councillors have fallen into a tail-spin of disagreement, delaying their budget announcement while they continue to fight within their groups and between their parties over where the axe should fall.

“Against that background, we Conservatives have drawn up plans that show how our city could be much better run by concentrating on delivering better core services and cutting out waste.

“Our budget would limit the council tax increase to two per cent to give a break to hard-working families in the city. It would also make a badly-needed additional fund of £90m available to improve public transport while accelerating the school building programme, all by rejecting the costly tram extension to Newhaven.

“This would deliver better services for residents with new schools not trams, improved care services, staff resource redirected to front-line services and more funding to repair our crumbling roads and pavements.

“Edinburgh deserves so much better than this minority coalition are giving it. They have no strategic plan other than the hugely expensive trams vanity project which they use in an attempt to disguise their failings. If they would rather squabble about minor cuts that’s fine but we want to show how to deliver for our citizens – the people that matter.”

Conservatives also propose a £300,000 cull of senior managers, a £3m boost for health and social care services, Sunday parking charges scrapped and a reduction of proposed cuts to Marketing Edinburgh.