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Balancing the budget


By Spalding Today Columnist


In my role as South Holland District Council’s portfolio holder for finance, being able to put forward a balanced budget and see it approved by my fellow councillors is a crucial part of my role, and always an excellent achievement for all of us involved.

This year is no exception, with the 2019/20 budget being adopted at a Full Council meeting at the end of February, laying out a strong and clear financial plan for the future of the district. Crucially, not only does it leave us in a robust position for the challenges and changes ahead, but also avoids negatively affecting our residents or the services they receive.

Everyone involved has worked hard to ensure that there are no cuts to our frontline service delivery and that significant savings and income can be found through in-house changes and the diversification of our assets.

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Your refuse and recycling will continue to be collected weekly and our Pride team will continue to provide street cleaning, facilities maintenance and other vital work across South Holland. The budget also commits to the building of new homes and invaluable investment and developments for the district.

The two pie charts accompanying the article explain how the budget comes to be balanced, showing both where we are spending money at a net expenditure and how we are funding the amount needed to balance this.

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(7763697)

They give just a taste of the things the council has to take into consideration every year, as well as what residents’ council tax contributes towards, including waste collections, community development and the money paid to the Internal Drainage Boards to manage the district’s waterways over the next year.

We are confident this budget will have a far-reaching and positive impact for all of our residents and businesses. It also supports the local economy and community, and will help to create a thriving future for South Holland, making it a great place to work, live and visit.



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