Saturday, 11 October 2008

Gedling Council Budget

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Early morning weather today in BJ
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Weekly summer bin collections could be axed and car parking charges introduced as Gedling Borough Council attempts to plug a potential £800,000 hole in next year's budget.
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Council Leader Roland Spencer has said the Council faced difficult decisions on next year's spending in light of increased fuel charges and lower income from leisure centres.

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He said the economic conditions had forced the council to consider taking "painful" decisions in order to balance the books – but he insisted he is determined not to pass increases on to residents through council tax.
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The Council has run a weekly collection for household waste during the last two summers, instead of the usual fortnightly collections.

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Rising fuel costs, - a loss in revenue from Council land searches, and a huge drop in cash from leisure centre usage have contributed to the shortfall. . .. Tut ! Tut !
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Next year the Council could see a huge rise in the cost of its gas and electricity when its current deal, signed two years ago when prices were cheaper, comes to an end in February.

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According to Council Leader Spencer this all means the Council may need to find an extra £800,000 in the next budget or introduce cuts to services

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Meanwhile the Conservative Council already faces significant pressure on its budget during the current financial year. Council members have already voted to take £500,000 from its reserves to meet the shortfall in this year's budget. . .. ..

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So whats wrong with this ? Surely this is what reserves are for - “for the rainy day”
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Not to be stored away, at risk - in the HOPE of higher interest rates - seen a folly (Icelandic Banks ?) but to the detrementof their own Council Tax payers ( or every Tax payer if the Government refunds their losses - several £ Billions - as most of the LA's concern appear to be bleating and asking for .. ?? ..!!
Although it has been suggested that the Treasury overlooked the possiblity of Icelandic Bank failure when questioned on the subject, in the House of Lords, in July this year
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