Bath and North East Somerset – The place to live, work and visit

» 3 Year Financial Plan – Approved Feb 13
» Covers 2013/14 through to 2015/2016
» Identified over £27M of Savings / New Income to be delivered
» Good progress has been made against this plan
» Some things have changed – some variations are needed
» The Budget 2015/2016 will seek to address these variations
Bath and North East Somerset – The place to live, work and visit

Approved by the Council in February 2013 and remain:
» Protecting Frontline Services
» No Increase In Council Tax
» Investing in Homes and Jobs for Local People
Bath and North East Somerset – The place to live, work and visit

» The approved Medium Term Plan contains significant challenges.
» Already delivered £11M of Savings / New Income in 2013/14
» A further £11M is being delivered in the current year 2014/15.
» The final year 2015/2016 will require over £10M to be delivered to balance the budget for the 3yrs
» Delivery our existing plans (revenue and capital) are key to meeting the current financial challenge.
Bath and North East Somerset – The place to live, work and visit

Bath and North East Somerset – The place to live, work and visit

BWR
» 258 units complete (55
Affordable) and 105 under construction
» Energy Centre complete and Gas Holders decommissioned
» Midland Road Bridge replacement proceeding
Southgate
» Final stage complete –
Railway Station / Brunel
Square
Bath and North East Somerset – The place to live, work and visit

Keynsham
» One Stop Shop opened
20 th October
» Offices fully completed staff moves underway
» Retail units fit-out underway first opening early November
» All on-time and onbudget
Radstock (NRR)
» Construction of new link road underway
Bath and North East Somerset – The place to live, work and visit

Kelston Road
» Access road complete and piling work progressing well
» Expect road to re-open prior to Xmas.
Rossiter Road
» Scheme commenced
July 2014
» Highways maintenance works running concurrently
» Completion Feb 2015
Bath and North East Somerset – The place to live, work and visit

Batheaston Footbridge
» Key pedestrian / cycling route – opened July
2014
» Further tree-planting during Autumn 2014
Two Tunnels
» Main phase completed in
2013
» New Greenway Path opened September 2014
» Further links under development
Bath and North East Somerset – The place to live, work and visit

Whole range of school improvements and new building complete & underway including:
» St Kenya
» Wellsway Sports Centre
» St Marks 6 th Form
» Weston All Saints
» Castle Primary
» Paulton Infants
» St Saviours Primary
» Free School Meals for
Infants
Bath and North East Somerset – The place to live, work and visit

» London Road Regeneration
» Victoria Bridge Structure & Improvements
» Bath Flood Mitigation
» Bath Transport Package
» Gypsy & Travellers Site
» River Corridor
» Odd Down Playing Fields
» Digital BANES
» Play Park Improvements
Bath and North East Somerset – The place to live, work and visit

Bath and North East Somerset – The place to live, work and visit

» Approx £9M is required to balance the Budget including funding for Care Act, Capital and Non-
Deliverable Savings - Proposals include:
» Increased Business Rates Income
» Improving Council Tax Base
» Pension Deficit Refinancing
» Increased Income
» Use of the Better Care Fund
» Using One-Off Reserves
» No new proposals relating to Frontline Services
Bath and North East Somerset – The place to live, work and visit

Limited and Essential New Capital Investment proposals will include:
» Economic Development Fund Projects
» Innovation Quay – Enabling Infrastructure
» A36 Lower Bristol Road Bus Lane
» IT including Adult Social Care Database
» Passenger Transport Vehicles
» River Corridor including ROSPA Safety Works
» Saltford Station – continued feasibility work
Bath and North East Somerset – The place to live, work and visit

The Council will play its part by:
» Maintaining the Social Fund at £250K for 15/16
» Remove some lower pay bands to help low paid
» Ensuring Zero Hours Contracts are not used directly by the Council
» Work with partners to help residents with pay day loans.
» Support our local food banks
» Continue to develop our Connecting Families programme
» Work to reduce adult and youth unemployment
Bath and North East Somerset – The place to live, work and visit

» Launched in October
2013
» Measures to promote use and engagement of local suppliers
» £25K limit introduced to target local suppliers
» Council spend increased from 35% to over 38% in first year
» Proposing to increase limit from £25K to £50K
FY 12/13
35%
Bath and North East Somerset – The place to live, work and visit

» National and Local Elections May 2015
» Significant savings will need be found over period of next parliament to address the Budget deficit
» Political priorities nationally
» 2016/17 looks particularly challenging
» New commitments have to be paid for
Bath and North East Somerset – The place to live, work and visit

» Focus on Delivery
» Variation Budget for 2015/16 Only
» Further £9M of Variations Identified
» Balanced Budget Proposal
» No further savings from Frontline Services
» Proposes No Increase in Council Tax
» All Subject To – Government Financial Settlement in December 2014 (or January 2015)
» Outlook 2016/17 and beyond is challenging
Bath and North East Somerset – The place to live, work and visit

Bath and North East Somerset – The place to live, work and visit