Financial Services

E-mail: accountancy@
thanet.gov.uk

Tel: 01843 577000

Annual Efficiency Statement

In July 2004, the Government published the independently conducted Gershon Public Sector Efficiency Review that concluded that the public sector was capable of making considerable savings over the 3-year period 2005/6 - 2007/8.

These savings equate to an average of 2.5% year on year savings for every local authority and other public sector organisation.  Savings must be split 50% cashable (actual financial savings) and 50% non-cashable (productivity gains).  The savings identified must be ongoing over the 3-year period, and cannot be recounted in subsequent years.

To measure progress against these targets, the Government requires each local authority to prepare two Annual Efficiency Statements each year.  The first - Forward Look, due in April, forecasts the efficiency savings that the authority will make during the forthcoming year.  The second - Backward Look, due in June, provides accountable details of the actual savings achieved for the previous year.

All documents are submitted using an online electronic submission toolkit, therefore the formatting and layout of the documents is created by the toolkit, not the authority.

Thanet's Forward Look for 2007-8, submitted in April 2007, forecast savings of £894,953.

Thanet's Backward Look for 2006-7 was submitted in June 2007.

Thanet's Forward Look for 2006-7, submitted in April 2006, forecast savings of over £1.2 million.

Thanet's Backward Look for 2005-6 was submitted in June 2006.

Thanet's Forward Look for 2005-6, submitted in April 2005, forecast savings of £598,420.

Thanet's Backward Look for 2004-5, submitted in June 2005, identified savings of £148,350.  The savings identified for 2004/5 will go towards Thanet's 2005/6 totals.