Find out about the budget proposals for 2019/20
- The budget proposals for 2019/20 set out a further £1.6m of savings and increased income. The council continues to face significant financial pressures, with fewer opportunities to find further savings without impacting on services.
· The council's finances face ongoing pressures; in particular Business Rates Retention scheme is set to change funding in future years.
How we are making savings and increased income
Savings and increased income from the coming year will include:
· £600k of savings generated from the lease of new strategic property purchases
· £160k a year from an increase in rents for council-owned commercial buildings and garages
· £190k increased take up of chargeable services
· £217k following changes to the provision of leisure services
Investing in Welwyn Hatfield
We continue to invest significant amounts of capital in our buildings and land, to continue improving Welwyn Hatfield as a place to live, work and shop. These include:
· £16.8m for regeneration projects including a multi-storey car park in Hatfield, and investment into Welwyn Garden City North, Link Drive, Highview and Hatfield Town Centre
· £8.7m investment in leisure services, the bereavement service, vehicles and equipment relating to waste management services