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You are here: Home Page > Council and Democracy > Council News > Archived News > June 2011 > Good housekeeping crucial

Good housekeeping crucial to Council

Bedford Borough Council completed the 2010/11 financial year within its budget, despite an extremely challenging backdrop.

A report received by the Council’s Executive on Wednesday details how close monitoring of budgets through the year and sound financial management enabled the Council to come in 1.6% within budget.

Mayor Dave Hodgson responded to the report by commenting that such commitment to controlling Council spending will be crucial as the Council embarks on the process of saving a ‘massive’ £36 million over the next four years.

Commenting, Mayor Dave Hodgson said: “Putting together a balanced budget is only half the job; staying within that budget is vital. We worked throughout the year to ensure that we kept Council spending on track and were able to avoid any damaging overspend on the agreed budget.

“We took effective, swift action to deal with the inevitable pressures and unforeseen challenges that came our way. It is essential that we retain this total commitment to looking after taxpayers’ money within our budgets as we face the considerable challenge of saving a massive £36 million from Council spending over the next four years. 

“We will soon be asking residents for their views on the Council’s budget in the coming years.  We want to continue a genuine, open dialogue with residents about their priorities and ideas for how the Council can spend, and save, most effectively over this period.” 

Councillor Michael Headley, Portfolio Holder for Finance, said: “This report highlights the rigorous monitoring of budgets which we carry out to protect taxpayers’ money. The savings required over the next four years are vast, but we have established a regime of sound housekeeping which will stand us in good stead as we set about achieving them.”

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