Tough Financial Times Ahead For Eastbourne

Thursday 14th July 2016

eastbourne buzz news - Town hall
 

Cabinet councillors last night (13 July) approved the updated medium term financial strategy to support Eastbourne Borough Council’s priorities over the next four years.

The updated plan takes into account cuts of 50% in central government funding over the last parliamentary cycle, with a reduction of at least another 30% expected and an end to the all government support by 2020.

Eastbourne’s funding from central government was £10million in 2007 but that figure now stands at just £5million.

Councillor Gill Mattock, Lead Cabinet Member for Financial Services, said: “We are working very hard to protect frontline services in the face of drastic cuts. Through careful financial management, efficiencies, growth of income streams and a culture of innovation, we have managed to safeguard these so far, but that task is becoming ever more challenging.”

The council has initiated a sustainable service delivery strategy to save £3million year-on-year through efficiencies and other savings through to 2020. In addition, expanding a shared service programme with Lewes District Council will deliver up to £2.797m savings a year across both councils by 2019/20.

Councillor Mattock added: “Earlier this year, the rapid withdrawal of funding from central government led to the first increase in council tax (1.9%) in Eastbourne for six years.”

 

 

 

1   2   3   4   5       Next

Weather Forecast

Tide Times