At a time, when the depth and severity of the government cuts are biting hard into everyone’s budgets, residents will be pleased to know that the Liberal Democrat Administration delivered a final year-end budget with a £71k under spend.
Last autumn, in the first round of budget cuts the government cut the Council’s budget by £2.3 million. This meant that the Administration was looking at a budget over spend of £6.8 million and with only 8 months left in year to deliver that saving! The challenge was further exacerbated with a forecast overspend due to the rising demand for high cost needs-led care services and a growth in the volume of domestic waste to be disposed.
Councillor Rolson Davies, Executive Member with special responsibility for finance said,
“We know our residents are facing huge financial challenges so on top of the 0% council tax rise this year we have also brought the budget in on time and with an under spend of £71 k.
This is tremendous news for our residents and the strict financial controls we put in place have helped deliver this budget. We will continue to put our financial strategies into practice as we have set a very demanding budget for this financial year (11/12) with a further target of £13 million savings.” ENDS