Council plans for budget pressures

Planning is already underway by Wyre Forest District Council to enable the authority to set its budget for 2010/11.

Discussions have started on how the Council is going to tackle the financial pressures placed on it due to the economic downturn.   It is expected to have to make savings of at least £4million over the next three years.

Cllr Nathan Desmond, Wyre Forest District Council's Cabinet Member for Resources said,

"Interest rates are still low so we are forecasting a lower income on our savings, and we are expecting a low government grant settlement - around ten per cent down on last year and we need to make savings.  Although Wyre Forest District Council is also affected by the same financial pressures as local residents and businesses, we want to do all we can in next year's budget to help them. We need to be realistic about what we can offer and ensure that it's what the residents want "

Questionnaires are being sent to residents asking for their views on services.  This will be one of the tools used to help inform the budget setting process.  Residents will also be able to fill the survey in online. 

The Budget Review Panel is fully engaged with the budget process as the Council considers its priority areas.  They will be reporting to the Corporate Resources Scrutiny Panel next month (12^th November2009)

Cllr John Campion, Leader of Wyre Forest District Council said,

"The Council has been saving money year on year. Our efficiency programmes have seen millions of pounds saved from the cost of delivering local services, but the financial pressure is mounting.  We have recognised the issue early in the budget setting process and we're implementing new working practices and smarter procurement methods as part of our pledge to make the Council as efficient as possible.  But this can only go so far, and we need to reassess what services are offered and urge residents to get involved in the budget consultation to help shape the Council services that they want to see delivered within the tough economic climate we all find ourselves in."

He added,

"I commit to the communities that the Council serves and the staff we employ, that whilst the budget position this year is bleak, we will make sure every avenue is explored to minimise the impact on front line services."

The Financial Strategy is expected to be presented to the Cabinet on 22^nd December 2009.  There will be further consultation before a final version is recommended to Council on 24^th February 2010.

Date of issue - 27th October 2009