October 20, 2010
reassures residents over government funding cutbacks
District Council has this week tried to reassure residents in
the Burnham-On-Sea area that it is committed to protecting front-line
public services, where possible.
The council's comments come at the same time as the government's
Comprehensive Spending Review announced today (October 20th),
which will lead to financial cutbacks.
"Sedgemoor is committed to continuing the delivery of high
quality, low-cost services despite a much tougher financial climate,"
council spokeswoman Claire Faun told Burnham-On-Sea.com.
"We have been planning for large scale savings and efficiencies
for well over five years and have a managed process in place."
She added: "In May 2010, the government announced a 25% cut
in spending for government departments over the next four years
as part of its emergency budget."
"Finance officials took the prudent view that the council
had to assume that it would also be hit with a similar size cut.
Therefore, Sedgemoor is assuming an annual 6.25% (£625,000
a year) cut in the money that it receives from central government
over the next four years and has planned on that basis. This is
in addition to the predicted funding gap for each year."
"Whilst there has been much speculation, there has not yet
been any formal announcements revealing the full extent of the
cuts and Sedgemoor is not expecting to get any detailed news from
the governments Comprehensive Spending Review (CSR) on October
"Finance officials are expecting to have to wait for the
detailed figures until November or early December when the provisional
government grant figures are issued."
The council's annual budget has already identified a £1.3
million funding gap, due to a reduction in income from investment
interest due to low interest rates, the loss of specific government
grant funding, the loss of income from planning fees and car parking,
the continuing cost of concessionary bus fares and low council
tax rises over the past 10 years.