Like every organisation and household, the Council has to live
within its means at a time when inflation is significantly increasing our
running costs. Next week (1 February) the Council’s Cabinet will be asked to
approve a proposed overall budget of £166.4m for the next financial year,
approximately 80 per cent of which would be prioritised on essential social
care services to support the wellbeing and safety of residents. The remaining 20
per cent of the budget would be spent on day-to-day services which will benefit
all residents, such as waste and recycling services, including extending the
food waste collection service across the
Borough from later this year.
Funding
has also been allocated for maintaining Swindon’s roads, education services,
cultural facilities, libraries and Swindon’s much-loved country parks. Despite
the huge amount of money set aside for the hundreds of services the Council
provides, a number of proposals have been identified to close an unprecedented
budget gap of almost £40m for 2023/24, which has been caused by record levels
of inflation (£22.3m) and service cost pressures (£17.5m).
This
includes a proposal to increase council tax by 4.99 per cent – two per cent of
which will support adult social care, with the remaining 2.99 per cent being
used to support general council services. A 4.99 per cent increase would
increase the average council tax bill by £6.39 per month, excluding precepts
from other bodies such as parish councils and the police and fire authorities.
Significant
savings have been identified through reviewing the cost of adults and
children’s social care packages and reducing the placement costs of children
who come under the care of the local authority. You can read the budget management report
being considered at Cabinet and the list of proposed £26 million
savings.The full
agenda and supporting papers are also available. Final budget proposals
will be submitted on 16 February 2023 for full Council to debate and vote on.
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