South Holland District Council cabinet approves 2019/20 budget
Posted on 12 February 2019
The building of high-quality affordable homes, investment in the district's economic future and the protection of vital frontline services all form part of South Holland District Council's budget for 2019/20, which has been approved by cabinet members ahead of going before Full Council later this month.
During the meeting councillors will also consider cabinet's recommendation to increase district council tax by under £5 a year for almost 95% of households from April, the lowest percentage rise in Lincolnshire.
The planned investment in new homes includes £1.1m in funding from Homes England to help deliver 34 affordable homes at Small Drove in Weston. Further allowances have also been made for the acquisition of other land and properties in the district, with the removal of the Housing Revenue Account borrowing cap offering an opportunity to develop more new homes for residents.
The proposed budget also sets out that the council is not reliant on the Central Government New Homes Bonus in 2019-20, with it instead being used to fund a half a million pound community reserve for the district, more details of which will be given in the coming months.
There has also been investment from the Housing Infrastructure Fund to support the delivery of the northern section of the Spalding Western Relief Road, in conjunction with Lincolnshire County Council.
Major changes announced in the budget included the change of the leisure provision contract to Parkwood Leisure from 1 March and additional income streams generated through investment in council assets, including the Priory Road offices, which have seen the DWP and Citizens Advice Bureau move into the premises to create a 'one-stop shop' for residents' needs.
Cllr Nick Worth, South Holland District Council deputy leader and portfolio holder for growth and commercialisation said: "It is excellent to again be able to announce a balanced budget and a strong financial plan for the future of South Holland.
"Everyone involved has worked hard to ensure that there are no cuts to our frontline service delivery and that significant savings and income can be found through in-house changes and the diversification of our assets.
"Our prudent approach puts us in a strong position for the challenges ahead and to manage any changes from the Fair Funding Review, without negatively affecting our residents or the services they receive.
"It brings invaluable investment and developments for the district, which will have a far-reaching and positive impact for all of our residents and businesses. It also proposes an exciting opportunity to support the local economy and community, and to help create a thriving future for South Holland, making it a great place to work, live and visit."