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Can you balance the budget?

 
Created on 15/12/2016 @ 05:07
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Local residents are being given a chance to comment how the county council reduces spending by £22m over three financial years with an online budget balancing exercise.

The online consultation exercise sets out a range of options that could be used to generate savings over the coming three financial years.

Residents can show their support for services by increasing or decreasing funding support and seeing the impact on the service and council’s overall budget.

Councillor Wynne Jones, Cabinet Member for Finance said: “The council has to produce a balanced budget. This is an opportunity for residents to see the challenges we face and show their support for service areas by allocating money to one area balanced with a reduction from another.

“We introduced the budget simulator last year using projected figures for a three-year period, this time we are looking at the period 2017/18 to 2019/20 and showing the impact of a decisions on the overall budget. There will be elements that look familiar to residents but the exercise will help the council identify priorities for the coming years.

“A new element this year is an opportunity to express a view on the level of council tax and the scale of future increases. Our long term budget plans are based on an assumed increase of at least 3.75%.

“As last year we will be making arrangements at libraries for residents who do not have access to the Internet to take part. 

“The information provided by residents will prove valuable information for both the cabinet and the council, as it will show where residents think the savings should be made, in order to achieve the £22m target,” he added.

The budget simulator will be on the council’s website under the ‘Have Your Say’ section: www.powys.gov.uk/haveyoursay

The consultation runs to January 15.


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