Quote:
Originally Posted by andrewb
Yes we get it, government put money in. They haven't increased it in line with the national average though. Hyndburn just got forgotten about when they were dishing out increases it seems, so Hyndburn council itself has to make up the shortfall.
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Government Grants have gone up every year dramatically. The main current (revenue) account has gone up dramatically too. This year however it WAS below inflation increase BUT that is changing with the economy and it will be be either in line with costs OR we will receive below costs. The first year we have been funded less than inflation ON OUR CURRENT ACCOUNT.
BETWEEN.... 0.5% underfunding = £50,000, 1% = £100,000
The Tories lost £200,000+ plus on mismanaging Concessionary Fares.
ON OUR CAPITAL ACCOUNT we have gone from 30 years of nothing to £2.5m average for 4 years. AN INCREASE OF £2.5 MILLION
PER YEAR
ALSO BOOSTING OUR CAPITAL & REVENUE ACCOUNTS
We have received over 3 years (YEAR 2) £4 Million worklessness fund WHICH THE COUNCIL (Shamelessly) IS BRAGGING ABOUT.
WE RECEIVED £8.5 MILLION ELEVATE FUNDING THIS YEAR. Under Cameron we received NOTHING and he said he does not like Northern Housing Schemes.
Is that clear?