Don't miss a story sign up to Exmouth Journal's FREE daily newsletter CLICK HERE

Challenges ahead to balance budget

13:26 31 January 2014

Archant

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.

0 comments

Other News Stories

16:04
Exmouth Armed Forces Day took place at the weekend. Royal Marines gave a combat demonstration to the public. Ref exe 26-16AW 1289. Picture: Alex Walton

Exmouth marked Armed Forces Day in The Strand at the weekend. The Royal Marine Band Service opened the event with their marching band display followed by a combat ready demonstration by marines from the Lympstone Commando Training Centre. Hundreds of visitors turned up to enjoy the occasion and support our armed forces.

Read more
Budleigh Hospital

A pilot wellbeing hub project at the former Budleigh Salterton Hospital is unlikely to open on a permanent basis this year.

Read more

A fire crew was called out to a vehicle fire in Budleigh Salterton on Saturday, June 25.

Read more
09:38

An Exmouth resident has called for action over a ‘dangerous’ parking problem he says could see schoolchildren seriously injured.

Read more
09:34

Fire crews were called to attend a fire in a bungalow in Exmouth.

Read more
Yesterday, 12:30
Hugo Swire MP was invited to open the new Pete's Dragon suicide bereavement charity head quarters in Exmouth earlier this month. Ref exe 24-16AW 0191. Picture: Alex Walton

A grieving mum has found hope through heartache by helping to create new headquarters for the charity that was there when she needed it most.

Read more
Saturday, June 25, 2016
Evacuee Percy Cook (centre) pictured with Brian Curryer and Percy's sister Daisy Vickers.

A man evacuated to Exmouth during World War Two has returned to the town - and has struck up a friendship with another generation of the family which looked after him.

Read more
Friday, June 24, 2016

Fly tippers could face fixed penalties of £400 under new powers approved by East Devon District Council.

Read more
Friday, June 24, 2016
The Range is now open at Exmouth's Liverton Park much to Captain Range's delight. Ref exe 25-16SH 9725. Picture: Simon Horn.

Pictures of the new store

Read more
Friday, June 24, 2016
Item stolen from a home in Exton.

Police are appealing for information after a burglary at a property in Exton.

Read more

Local Weather

Partly Cloudy

Partly Cloudy

max temp: 19°C

min temp: 9°C

Most Read News

Great British Life

Great British Life

Useful Links

Advertise in the Paper
Submit a Story
Subscriptions Order
Competitions
Photo Orders
Family notices
iwitness24
Google Plus
Facebook
Twitter
Reader Travel

Family Notices 24

Read Online

Image
Read the Exmouth Journal e-edition E-edition

Newsletter Sign Up

Local business directory

Exmouth's trusted business finder

HOT JOBS

Show Job Lists


Find planning applications