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Wyre Forest Exceeds Savings Targets

Wyre Forest District Council significantly exceeded the previous Government's targets for efficiency savings, delivering over £3m last year, which equates to savings of over 8% of the Council's budget.

Under the Comprehensive Spending Review in 2007, the Council was set targets of 3% efficiency gains in 2008/09 and 2009/10, increasing to 4% in 2010/11. A report to Wyre Forest's Cabinet on 21st September 2010 shows how the Council achieved significantly more than the 3% target in 2009/10. 

The Government's plans for future grant support for councils will be set out in the Comprehensive Spending Review, which will be published on 20th October 2010. These are expected to require even higher levels of savings and spending reductions.

Councillor Nathan Desmond, Cabinet Member for Resources said,

"This is an excellent result for the Council and the residents of Wyre Forest. The Council is committed to driving out efficiencies from all areas of the Council and the savings which have been achieved have allowed us to deliver our front line services which our residents require.

There will be further savings required in the years ahead, however, it is clear that we have a track record of rising to the challenge of reducing budgets. We are awaiting the publication of the Spending Review 2010 next month to determine the scale of the challenges that lie ahead"

The Cabinet next meets on 21st September 2010 at 6pm at Duke House, Clensmore Street, Kidderminster.

Date of issue - 15th September 2010

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This page was last reviewed 16 September 2010 at 13:01 by Suzanne Johnston-Hubbold.
The page is next due for review 15 March 2011.
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