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`. Community Forum HBBC : Funding and Council Offices Relocation to site on the corner of Hawley Road and Rugby Road 7 October 2010 Steve Atkinson, Chief Executive Sanjiv Kohli, Deputy Chief Executive. `. `. National and Local Context Coalition Government Announcements.

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Community forum hbbc funding and council offices relocation to site on the corner of

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Community Forum

HBBC : Funding and Council Offices

Relocation to site on the corner of

Hawley Road and Rugby Road

7 October 2010

Steve Atkinson, Chief Executive

Sanjiv Kohli, Deputy Chief Executive

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Community forum hbbc funding and council offices relocation to site on the corner of

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National and Local Context

Coalition Government Announcements

  • Need to find 25% - 40% savings over life of this Parliament

  • What does this mean for HBBC?

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Community forum hbbc funding and council offices relocation to site on the corner of

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HBBC Funding

GROSS BUDGET:circa £40m

NET BUDGET REQUIREMENT:£11.6m

FUNDED FROM FINANCE SETTLEMENT:£7.4m

FUNDED FROM COUNCIL TAX:£4.2m

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Community forum hbbc funding and council offices relocation to site on the corner of

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So, what does 25% - 40% cuts mean?

  • Reduction in Central Government Funding £1.85m - £2.96m

  • OR

  • Reduction in Net Budget Requirement £2.9m - £4.64m

  • Range could be £1.85m to £4.6m

(£7.4m)

(£11.6m)

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Community forum hbbc funding and council offices relocation to site on the corner of

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Budget ReductionsHBBC made a head start:Medium Term Financial Strategy 2010 to 2013 already assumed a 15% reduction in Central Government funding over the three years

Over three years saved £2.2m

Of which Senior Management savings of £250,000Other staff savings - £430,000

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Community forum hbbc funding and council offices relocation to site on the corner of

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Rationale for Decision on Council Offices

  • Not only about saving existing base costs but also avoiding future costs to Tax Payer

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Community forum hbbc funding and council offices relocation to site on the corner of

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Options Considered

In 2008 Council made the decision that current Council offices at Argents Mead were not fit for purpose

Refurbishment cost £6.5m - Not AffordableThe main alternatives considered:

  • Extension of Florence House with shop front customer centre

  • The Atkins Development (short term accommodation)

  • The Bus Station Development

  • The former Flude’s Development

  • Redevelopment (new build) on Argents Mead site

  • New Build on Southfield Road (Richard Roberts Site)

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Community forum hbbc funding and council offices relocation to site on the corner of

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The Development

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Community forum hbbc funding and council offices relocation to site on the corner of

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  • Development Advantages

  • Atkins Business Case Supported

  • Cost of relocation to Bus Station saved (1 office move)

  • All HBBC services (inc Data Centre) are co-located in custom designed development

  • (Leisure Services remain at the current Leisure Centre Option with partners)

  • Financial agreement to minimise H&S risks at Argents Mead for extended accommodation period

  • Cost to refit 17,000sq/ft space at the Bus Station or Cost of additional accommodation saved (Civic and Florence House impacts)

  • Benefit of £2.75m capital receipt in 2014

  • Move to sustainable development achieved earlier (potential 3 years)

  • Potential partnership opportunities with financial incentives and ongoing shared revenue costs (room for up to 44,000sq/ft if required)

  • Parking solution for HBBC employees/visitors/members/partners

  • Green Travel option with close links to Rail and Bus routes

  • Already has planning permission

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Community forum hbbc funding and council offices relocation to site on the corner of

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  • DevelopmentDisadvantages

  • Lost investment in Atkins building (some areas fitted out to our requirements are not immediately suitable for small managed workspace units which may have Capital implications for HBBC)

  • Lease option for 150 yrs lost in favour of Capital receipt (£2.75m)

  • Potential delay in Capital receipt from Argents Mead disposals

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Community forum hbbc funding and council offices relocation to site on the corner of

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Capital Cost Implications

A) Previously

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Community forum hbbc funding and council offices relocation to site on the corner of

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Capital Cost Implications

B) Now

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Community forum hbbc funding and council offices relocation to site on the corner of

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Revenue Savings

Detailed Projections:-

  • Over next seven years when compared with alternative of moving to Atkins and then the Bus Station:

  • Revenue Savings - £217,986

  • OR

  • 5.5% in Council Tax

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Community forum hbbc funding and council offices relocation to site on the corner of

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Any Questions?

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