Challenges ahead to balance budget

13:26 31 January 2014


Finance chiefs at the district council have vowed to ‘work hard’ to protect front-line services in the face of falling income.

East Devon District Council has also pledged to freeze council tax for the fourth successive year.

This will receive a reward from the Government in the form of a cash sum.

The council said that thanks to ‘careful financial management’ EDDC goes into the next fiscal year with a small surplus of around £70,000.

This will be used to help offset an expected deficit in 2015/16.

This is despite the government’s grant, which is likely to be slashed by 14 per cent, a 33 per cent reduction since 2011.

EDDC’s cabinet member for finance, Councillor David Cox, said: “Staying solvent is getting more difficult every year, with cuts in funding from Central Government becoming a regular thing, plus continuing low investment income – whilst at the same time there is an increase in demand for some services.

“We are working hard to maintain our front-line services in the face of ongoing financial challenges.”

EDDC is also looking to cut costs and the decision to move from Knowle to more suitable, cheaper accommodation to slash overheads is an example of this practice.

Councillor Cox added: “A balanced draft budget has now been presented for 2014/15, following the work of the Budget Working Party. Good progress has also been made to balance the 2015/16 budget. Looking beyond this, the council will continue to find it difficult to afford its spending plans due to continued Government funding cuts, inflation, low investment income, freezing the council tax and ever-increasing demand for its services. Further work will be needed to present balanced budgets in the future.”

● The final decision on the 2014/15 draft revenue and capital budgets will be made by the full council at its meeting on Wednesday, February 26.


Other News Stories

Yesterday, 16:30
Proud staff at Lewis Pharmacy who recently won three awards. Ref exe 1033-41-15AW. Picture: Alex Walton

An Exmouth pharmacy is celebrating after completing a hat-trick of national awards.

Read more
Yesterday, 12:30
County Hall in Exeter.

A lethal mixture of alcohol and medication caused the death of a Budleigh Salterton pensioner, an inquest heard.

Read more
Yesterday, 10:20

Police are appealing for information after a silver Jaguar car was scratched while parked overnight in Brixington.

Read more
Yesterday, 10:00
Mark Paver and sister Nikki will be taking on the commando challenge for charity

A Budleigh Salterton man, who suffers pain all over his body, is taking on a gruelling assault course for one last challenge.

Read more
Yesterday, 06:30

Police are appealing for information following the theft of marine equipment worth £900, between Sunday, August 30, and Saturday, October 3.

Read more
Thu, 16:30
Exeter Magistrates' Court

A mother has been banned from driving after she took her 10-year-old twins shopping when she was two-and-a-half times over the drink-drive limit.

Read more
Thu, 12:30
DJ's Cafe on the seafront in Exmouth. Ref exe 4318-40-14TI. Picture: Terry Ife

A seafront business owner, who believed he could trade ‘for the foreseeable future’, was shocked to find his café boarded up without warning by district bosses.

Read more
Thu, 11:37

A man has been found safe following an overnight search in Exmouth.

Read more
Thu, 10:00

A gang of cunning professional thieves has been jailed after a sharp-eyed Exmouth B&Q cashier caught them red-handed.

Read more
Thu, 06:30
Crwods gathered to view the Rolle proposal plans at the Ocean suite on Saturday.  Ref exe 2692-41-15SH. Picture: Simon Horn

Hundreds of Exmouth residents have turned out to have their say about the future of the Rolle College site.

Read more

Local Weather

Partly Cloudy

Partly Cloudy

max temp: 14°C

min temp: 13°C

Most Read News

Great British Life

Great British Life

Useful Links

Advertise in the Paper
Submit a Story
Subscriptions Order
Photo Orders
Family notices
Google Plus
Reader Travel

Family Notices 24

Read Online

Read the Exmouth Journal e-edition E-edition

Search for a job in Exmouth

Local business directory

Exmouth's trusted business finder

Find planning applications