Winchester City Council's General Fund Budget and strategic vision given green light
Winchester City Council’s Strategy which sets out the key priorities for the council and the General Fund Budget which allocates millions of pounds of funding to public services, have both been approved.
The General Fund Budget sets out how the Council will fund and improve services to help residents. Key investments within the net spend of more than £16m for the coming year include an additional Park and Ride bus, development of a housing company to deliver new homes and a commitment to provide kerbside glass collection for residents.
Despite a £3 million reduction of annual funding over the past five years, the council has budgeted for a below inflation rise in council tax of 2.9%. Band D properties will see an increase of just £3.93 a year from the Winchester City Council element of Council Tax.
The budget also included a million pounds of savings from internal efficiencies which means that delivering services for local people will cost less next year.
The £16 million budget directly supports the four key priorities in the council strategy. The continued focus on housing, environment, health and happiness and economy was also agreed. Development of a new Leisure Centre at Bar End continues to be a priority as does regeneration of Central Winchester and development proposals at Station Approach. The council will continue to make wise investments in local property, building on the success of purchasing the bus station in Winchester City Centre. For example the council propose to build a new commercial unit in Bishops Waltham to continue to support economy across the district.
Winchester City Council leader Cllr Caroline Horrill said:
I am delighted both the Council Strategy and General Fund Budget are supported by members. We are focusing on rising to the challenge of becoming financially self-reliant whilst continuing to improve and invest in services for the District. Our ambitious strategy also clearly shows what we want to achieve and how we intend to do this to ensure that residents can enjoy the opportunities and quality of life from living in the Winchester District.