Tag Archives: budget
Budget approved for new Somerset Council
The budget for the new Somerset Council was approved today (22 Feb 2023). Councillor Liz Leyshon, Deputy Leader and Executive Lead Member for Finance and Human Resources, said: “This has been the most difficult budget setting that any of us can remember. Inflation has been a huge pressure on the cost of providing council services […]
Consultation opens into new single Somerset Council budget. New Council targets support for key services and vulnerable residents
The proposed budget for the new unitary Somerset Council is published today. The proposals, set to be discussed by the Council’s Executive on Wednesday 18 January, will be the first time the services and costs from all four District Councils and the County Council have been brought together. Consultation into the proposed budget runs until […]
New Somerset Council: Budget faces combination of challenges as inflation hits all councils
Papers published today (1 July 2022) show the challenge that inflation is presenting to council budgets. The team putting together the budget for the new Somerset Council will be bringing together the budgets of the five current councils and delivering the planned £18.5 million in savings from the move to a single unitary council. However, […]
The last ever Somerset County Council budget is a “Budget for the future” says Council Leader
Councillor David Fothergill, Leader of Somerset County Council, has praised the team responsible for producing “the most positive budget in my time as Leader”. Speaking at Full Council as the 2022/23 Council budget was approved today (23 February), Cllr Fothergill said: “While other councils are dipping into reserves to fund day to day spending – […]
County Council publishes proposed 2022/2023 budget
Balanced budget with major investment in Adult Social Care and Children’s Services. Boost for climate change action. Somerset County Council has published its last draft proposed budget ahead of the creation of a new unitary Somerset Council in April 2023. The council is proposing major increases in investment in care services, with an increase for […]
County Council invests £70m in improving lives in Somerset
Somerset County Council is investing more than £70 million over the next three years in projects that will help improve residents’ everyday lives. The capital programme budget, approved by Full Council, brings spending on both large and smaller schemes, to £213m when investments announced for the current financial year are taken into account. The boost […]
More money for frontline services as council sets out spending plans
More money to support elderly and vulnerable people, more money for children in need, and more money to tackle the climate emergency have all been confirmed as Somerset County Council sets out its spending plan for the next financial year. The budget for 2021/22, which received cross-party support today at Full Council, also includes a […]
Council’s improved finances recognised with top ranking
Somerset County Council’s significantly improved finances have been recognised by independent auditors in their end of year report. The turnaround in just two years has seen the Council move from an “adverse” Value for Money (VfM) conclusion to “unqualified” in 2019/20 – going from a very challenging position to the top ranking. The findings from […]
New figures show Council’s finances in strong position
Positive financial results and a major boost to reserves have put Somerset County Council in a strong position to cope with the coronavirus crisis. In the last financial year, Somerset County Council increased its reserves to £76.2m across the board and delivered efficiencies and cost-cutting measures that enabled a £6.4m underspend. It comes as councils […]
Auditors recognise progress
Somerset County Council’s improved finances have been recognised by auditors, according to a report to be discussed next week. The Value For Money update report from Grant Thornton, which will be considered by the Council’s Audit Committee, notes significant progress and the “positive trajectory” of the authority’s financial position and planning. In 2017/18, the Auditors […]
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