Rutland County Council BUDGET AND MEDIUM TERM FINANCIAL PLAN - LATEST
Rutland County Council OVERALL POSITION AND THE FUTURE
Overall Government funding…reduces Rutland County Council
So Council tax increases…to fund key services Rutland County Council
But overall funding…has been insufficient to meet inflation and service demands Rutland County Council
Significant savings have been necessary… Rutland County Council Headcount Contracts Year Savings 11/12 3,313,050 12/13 1,193,500 13/14 1,534,500 14/15 889,400 Income 15/16 785,900 Efficiencies generation 16/17 1,022,400 17/18 931,300 18/19 805,600 19/20 1,515,000 Rationalising Delivery discretionary models spend
But future still looks challenging… Rutland County Council
Rutland County Council REVENUE BUDGET 19/20
19/20 Revenue budget • Draft budget of £36m – invests in key services Rutland County Council – Adult social care - £12.1m – Children social care - £5.4m – Transport and roads - £3.7m – Waste management - £2.5m • Protects services/no cuts to services: – providing 30 mins free car parking in our town (cost c£10k) – freezing the green waste charge (up to £5 saving per household) – keeping the RF1 bus service running (c£80k pa) – paying more towards the cost of care of vulnerable adults
2.3% increase from 18/19 Rutland County Council Budget Movement £39,500,000 £39,000,000 Cost Avoidance £38,500,000 £38,000,000 Inflation Savings £37,500,000 £37,000,000 Pressures & Contingencies £36,500,000 £36,000,000 Proposed Budget 2019/20 Restated Budget 2018/19 £35,500,000 £35,000,000
Savings of £1.5m help keep increases low… Rutland County Council • Placements - £143k - Reduction in caseloads as the team have succesfully reunited some families • Senior management - £200k - Places restructure budget removed and Head of Service post in Resources • Road maintenance - £350k - remodeling operations and a move towards more planned capital maintenance rather than reactive repairs. Capital budget is >£2m. • Green waste income - £78k – greater take up means bigger contribution towards overheads • Pay budgets - £40k - Savings from reduction acting up, honoraria expenditure. Plus efficiencies and other savings…….
Budget still represents good VFM… Rutland County Council
Budget funding is mainly from Council tax Rutland County Council
Taxation implications • Council tax proposal of 2.99% plus 2% for Adult Social Rutland County Council Care – Current Council tax is £31.23 a week for average property – With 4.99% will be £32.79 a week – Extra cost is £1.56 a week – If you are on low income and get support then max you pay per week is £8.20 in total (39p a week more) – Additional funds of £20k available on application for those in financial difficulties
Rutland County Council CAPITAL BUDGET 19/20
19/20 Capital budget • Overall project budget of £28m Rutland County Council • Key projects – £10m set aside for Investments that could deliver revenue savings/income – Road maintenance - £2.4m, further £2.5m planned for 19/20 – £2.2m earmarked for Oakham Enterprise Park expansion – £3.2m for expanding Digital Rutland – getting the County connected – £700k – investment in creating Special Education Need places – Over £3m in School infrastructure
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