Budget consultation: 2016-17
Get involved in the budget consultation on capital spending, and read about our continuing three-year financial framework.
Hard copy versions of the proposals and the survey are available on request by calling 0117 922 2848 or by emailing email@example.com
Budget consultation on capital spending
This year our budget consultation focuses on capital spending; the money we have available to build new infrastructure which benefits the city.
There is around £1.1 million available, we would like to consult on our proposal options before any choices are finalised. The consultation process is about making sure the money is available and provisionally allocated.
Following the consultation, another formal process is carried out to make the final decision of spending.
Give us your feedback on the Mayor’s proposals, or your suggestions on how this money could be used.
The Mayors proposals for consultation are:
- Bristol Aerospace Centre, £500,000
- Employment Engagement Hub, £250,000
- Small grants for Early Years Children’s Centres, £250,000
- Campus skate park at Bishopsworth, £50,000
- Ashton Gate rail station business case, £50,000
- Additional consultation: an upgraded Metrobus stop at Ashton Gate (Paxton Drive)
The consultation closes Wednesday 6 January 2016.
The results will be fed back to the Mayor and his Cabinet to consider. The Mayor will receive several interim reports during the consultation giving him the latest information to help inform his thinking.
The Cabinet will meet on 12 January 2016 when the Mayor will decide on his final proposed budget. This will then need to be debated and approved by Full Council on, 16 February 2016.
Three-year financial framework
2016-17 represents the third and final year of our agreed three-year financial framework. We're not intending to re-consult on that approved approach to avoid losing the benefit of longer term planning.
The budget for the next financial year is primarily concerned with reviewing the updated assumptions and progress of the previously agreed framework. The plans are on target to deliver the savings required and to make the necessary investments planned. They also include the previously planned increase in the level of Council Tax of 1.95%.
We’ve also taken the opportunity to roll forward the medium term revenue financial forecasts for an extra year, reflecting good practice in managing the council’s money, to keep us focussed on further financial challenges ahead.
Revised spending to our libraries for 2016-17
Changes to our libraries for 2016-17, following the Future libraries consultation, have meant we are looking to make £435,000 of the required £1.1 million saving, with £635,000 to find.
A delay of the £635,000 saving has been approved for this term, through the use of Libraries and Neighbourhood Services operational reserve. This means we won’t have to make the saving from elsewhere in the budget during 2016-17.