Southend Borough Council Draft Budget for 2018 Released
Investment programme to continue
The council has unveiled its draft capital budget for April 2018 onwards, with around £20m proposed for new and existing projects up to March 2020. This additional investment means that if approved, some £185m of capital investments will made into the Borough over the next four years.
Read more on our website.
Council to consider £19m plans for Forum
The council’s cabinet are to consider budgeting £2.7m towards a four-year programme to realise ambitions to deliver the second phase of development at The Forum on Elmer Square.
The contribution would help fund a £19m expansion of The Forum - the country’s first combined academic and public library - on the area in front of the award-winning building. Read more on our website.
Council unveils draft budget for 2018/19
Southend-on-Sea Borough Council will need to save £9.7m in 2018/19.
This follows the news that the main grant the council receives from central Government will decrease again in 2018/19, this time by £4.4m (29% reduction) to the remaining sum of £10.3 m. The figures have been revealed as the council unveils its draft revenue budget for 2018/19. The main Government grant now accounts for just 8% of the council’s net budget, compared to nearly 50% six years ago. Read more on our website.
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