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1. Mole Valley 2010/11 Budget Councillor Ben Tatham Portfolio Holder for Finance and Assets

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1. Mole Valley 2010/11 Budget Councillor Ben Tatham Portfolio Holder for Finance and Assets. 2. Surrey Councils. 3. MV District Council:. Refuse collection and recycling 2 sports centres, 2 day centres, Dorking Halls Planning Policy and Development Control

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1. Mole Valley 2010/11 Budget

Councillor Ben Tatham

Portfolio Holder for Finance and Assets

3 mv district council
3. MV District Council:
  • Refuse collection and recycling
  • 2 sports centres, 2 day centres, Dorking Halls
  • Planning Policy and Development Control
  • Building control, Environmental Health and Licensing
  • Housing and homelessness
  • Car parking
  • Street cleaning, graffiti, fly tipping and abandoned cars
  • Parks and playing fields
  • Local, National and European elections
  • Housing and Council Tax benefits - £18m per year
  • Collect Council Tax and Business Rates
  • Community alarm and Dial-a-ride
4 county council
4. County council:
  • Roads and verges
  • Public Transport coordination and subsidy
  • Education
  • Social Care
  • Libraries
  • Fire and rescue service
5 the whole of mole valley 2009 10 allocation of council tax
5. The Whole of Mole Valley 2009/10allocation of Council Tax

£43.8million (76%) County Council

£7.8million (13%) Surrey Police

£6.2 million (11%) Mole Valley

(including parishes)

£57.8 million

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7. Business Rates£35.7m collected in 2008/09 on behalf of central government£3.5m or 9.8% redistributed back to Mole ValleyIn 2008/09, only 44% of business rates collected in Surrey was redistributed back to Councils and the Police

8 income and expenditure 2008 09
8. Income and Expenditure 2008/09

MVDC Total Spend: £30m

Funded by:

Capital Resources (£ 5m)

Service Income & Grants (£19m)

Net cost £ 6m

Funded by:

Council Tax £ 6m

13 new factors increasing costs in 2010 11
13. New factors increasing costs in 2010/11
  • £’000 pa
  • Loss of car parking income 250
  • General price inflation 132
  • Increased take up, concessionary fares 120
  • Increased energy costs 68
  • Reduced Building & Development Control income 66
  • Pensions back-funding 43
  • Other Costs (Dorking Halls, Pippbrook House, phones) 52
  • Loss of investment interest 571
  • Total 1,302
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14. The Solution (5% Council Tax increases)

Expenditure (without savings)

Target Budget (with savings)

Total income

Reserves £4m

Council Tax 5%

Govt Grant

Interest

15 2010 11 revenue budget headlines
15. 2010/11 Revenue Budget Headlines
  • Zero % Council Tax increase proposed
  • 0.5% government grant increase
  • Interest rates of 2.0% assumed
  • £1.8m of reserves used to balance the budget
  • Maintain minimum revenue reserves of £1.3m
16 2009 2011 savings headlines
16. 2009-2011 savings - headlines
  • 2nd year of 3 year savings programme comprising:
  • 2009/10 service savings of £0.6m pa
  • 2009/10 Fees & Charges review - £0.4m pa
  • 2010/11 Options Appraisals savings (on what we do) of £0.5m
  • Property review - £0.2m pa by 2011/12
  • Procurement initiatives - £0.22m pa by 2011/12
  • Leisure Centre outsourcing - £0.4m pa by 2011/12
  • Business Process Review Programme (how we do things) –
  • £1m pa saving by 2011/12, £2.3m investment
  • In total, 3 year savings programme of over £3m
17 2010 11 options appraisals
17. 2010/11 Options Appraisals
  • £000
  • Community Transport – reduce 3 bus days 14
  • Handyman – increase charges and charge for materials 5
  • Gypsy sites – 3 more pitches 8
  • Environmental Health – reduce animal wardens & pest control 46
  • Housing – Church Gardens lease 14
  • Food & Safety – reduce officer hours 6
  • Training & equipment 8
  • Parks & open spaces – reduced litter picks, change bedding displays 30
  • Depot – rationalise following stock transfer 10
  • Sustainability – reduced use of consultants 10
18 2010 11 options appraisals cont
18. 2010/11 Options Appraisals (cont.)
  • £000
  • Recycling – remove glass bring sites 20
  • Street cleaning – reduce leaf clearing and reservation cleans 30
  • Communications – reduce MV News issues & officer hours 50
  • Leisure development – arts, sports & youth reductions 20
  • Grants – reductions for leisure & community groups 20
  • Leisure marketing / advertising – budget reduction 5
  • Partnerships – budget reduction 5
  • Financial Services – treasury management all in-house, reduce audit 36
  • Estates – reduce bus shelter repair, charge for street names 17
  • Committee Services & IT– cease webcasting 19
19 2010 11 options appraisals cont
19. 2010/11 Options Appraisals (cont.)
  • £000
  • Policy – reduce emergency planning budget 2
  • Facilities – Reduced cleaning and plants 6
  • HR – cease South East Employers membership 4
  • Economic development – Reduce TCM and visitor information 57
  • Building control – increase charges 10
  • Conservation – reduce budget 20
  • Development Control – misc. savings 13
  • Total 484
20 2010 11 capital programme
20. 2010/11 Capital Programme

£8.7m budget, highlights of which are:

  • Remaining £3.7m on Leatherhead Leisure Centre
  • £1.3m Affordable Housing
  • £0.8m asset enhancement and renewal
  • £0.4m KGV playing fields, Holmwood
  • £0.4m Leatherhead Night Hostel
  • £0.4m Brockham Big Field football pavilion
  • £0.3m Food waste recycling
  • £0.15m property options appraisals
  • Approximately £0.8m of ‘new’ additional capital funding added to the programme (none in 2009/10)
21 future financial threats
21. Future Financial Threats
  • Pension Fund – value has fallen and there is a statutory duty to fully fund.
  • Central Government Funding – regardless of the election result this will almost certainly be cut
22 summary
22. Summary
  • The administration has improved the Council’s budgetary position by over £3m circa 25% of net revenue budget
  • Because of this and recognising the current economic difficulties of residents and communities, a zero council tax is intended to be set for 2010/11
  • The future is difficult but the above demonstrates you can trust us with your money