See Also
Gearing up for our future
Statement of Accounts
Contact Us
Financial Services
Email: accountancy@
thanet.gov.uk
Phone: 01843 577000
Key Budget proposals for 2008/09
Looking into 2008/09, we believe that the Council faces a budget
gap of around £1,000,000 to achieve all that it wishes to.
There will be an additional £800,000 in 2009/10 and 900,000 in
2010/11.
Looking ahead beyond 2008, we see the need for
sustained pressure on council spending, particularly in
non-priority and discretionary areas. The Council’s Financial
Strategy is to:-
- adequately resource the Council’s statutory
services and our corporate priorities as set out in the 2007-11
Corporate Plan.
- maintain a balanced General Fund, with
income from fees and charges, Council Tax and Government and other
grants sufficient to meet all expenditure.
- keep Council Tax increases as low as possible
and preferably below 4.5% to avoid the Government’s capping regime,
subject to a satisfactory level of Government Grant.
- maintain the General Fund balances at a level
that is sufficient to cover our financial risks and provide an
adequate working capital.
- maximise the Council’s income by continuing
to promptly raise all monies due and minimising the level of
arrears and debt write offs.
- actively engage local residents in the
key financial choices facing the Council.
Next: Our commitments and priorities
for improvement and investment