Transcript Slide 1

BUDGET FAIR 2012
Cllr David Bellotti
Cabinet Member for Community
Resources
Meeting the Challenge
Making Bath & North East Somerset an even better place to live, work & visit
Residents Financial Position
»
»
»
»
»
Housing Costs and below average incomes
Inflation and Cost of Living
Supporting People into Work
Growth and Jobs
Raising the Age of Participation
Making Bath & North East Somerset an even better place to live, work & visit
Council’s Financial Position
» Significant improvements on finances
already achieved
» Earmarked Reserves provide flexibility
» Council Borrowing –reduced from £204M
down to £160M by 2015
» Reduce effect of Borrowing on Revenue
» Council Tax Frozen in 2012/13, planned
freeze going forward to 2015
Making Bath & North East Somerset an even better place to live, work & visit
Council’s Financial Outlook
» Medium Term Service & Resource Plans for
three year period 2013/14 to 2015/16
» Sufficient Reserves to fund Change Programme
and Severance Costs
» Use of Zero Based Budgeting and Service
Prioritisation
» Some unavoidable cost pressures and inflation
» Maintain strong financial management
» Spending to be reduced by £29M over 3 years
Making Bath & North East Somerset an even better place to live, work & visit
Council Vision
» Promoting Independence and Positive
Lives for Everyone
» Creating Neighbourhoods where People
are Proud to Live
» Building Stronger Economy
» Developing Resilient Communities
Making Bath & North East Somerset an even better place to live, work & visit
Prioritisation Principles
» Making every effort to protect Frontline
Services for Residents
» Keeping Council Tax bills as low as
possible
» Investing in Economic Growth
Making Bath & North East Somerset an even better place to live, work & visit
On-going Investments from 2012/2013
»
»
»
»
»
»
»
Radstock Regeneration
Keynsham Town Centre Scheme
Bath Transport package
London Road Regeneration Scheme
Beechen Cliff Woodland
20m.p.h. schemes
Rossiter Road Scheme
Making Bath & North East Somerset an even better place to live, work & visit
New Investments 2013/2014
»
»
»
»
»
»
»
»
»
Affordable Housing – further Allocation -£700K
Cycle Routes - £500K
Sydney Gardens -£500K
River Corridor -£100K
Biomass Projects - £500K
Enterprise area – Flood prevention works -£3M
Odd Down Playing Fields -£200K
Public Realm –Kingsmead Square etc - £339K
Haycombe Cemetry -£200K
Making Bath & North East Somerset an even better place to live, work & visit
Nailing Myths
We Will Not Be:
»Moving to Fortnightly Residual Waste Collections
»Reducing Subsidies for Buses
»Increasing the Eligibility for Adult Care Services
to Critical Level
»Closing Household Waste Recycling Sites
Making Bath & North East Somerset an even better place to live, work & visit
Opportunities
» Development and Growth
» New Homes Bonus
» Localised Business Rates
» Reducing role of Education post Academies
» Public Health
» Changes to Council Tax including Benefits
and Discounts
Making Bath & North East Somerset an even better place to live, work & visit
Overview of the Budget Proposals
Making Bath & North East Somerset an even better place to live, work & visit
Budget Proposals (1)
Resources
»Consolidate, Standardise, Simplify Support Services
»Increase Commercial Estate Income
»Reduce debt and audit costs
»Property – restructure and actively manage
»Democratic Services – reducing meetings
»Progression of Tourist/Visitor Levy
Making Bath & North East Somerset an even better place to live, work & visit
Budget Proposals (2)
People & Communities
»Careers advice and guidance – schools have
more responsibility
»Targeted resources and improve value for
money.
»Homelessness – prioritised support
»Adult Care – focus on prevention
»Early Years – government funding changes
»Partnership Working, particularly with Health
Making Bath & North East Somerset an even better place to live, work & visit
Budget Proposals (3)
Place
»Heritage Services – continuous improvement
»Destination Management –prioritising resources
»Public Conveniences – consolidation of sites
»Public Protection – restructured
»Libraries – encourage community hubs
»Parking – targeted changes to pricing
»Waste – maintain services by improved efficiency
Making Bath & North East Somerset an even better place to live, work & visit
Making Bath & North East Somerset an even better place to live, work & visit