Labour Group Motion to council 29 June 2015
This council reaffirms its objectives (as prescribed by the Local Government Act 2000) as being the promotion or improvement of the economic, social and environmental well being of the Borough of Bromley.
This council recognises also that these objectives are to be delivered via a balanced budget, with reasonable reserves being held against future contingencies.
When preparing and presenting the budget for 2015-16, many members, as well as the general public, were led to believe that the under spend for 2014-15 was expected to be £2.2m. This fact contributed to cuts of £8.4m to services delivered during 2015-16.
Members of the public, council employees and many Members are therefore extremely surprised to learn now that the final accounts for 2014-15 reveal an actual under spend of £11.154m.
Whilst recognising that commercial investments produce a high rate of return, this Council re-affirms its primary purpose is the provision of services as set down in the Local Government Act.
This council calls on the Executive to:
1) ensure that greater transparency in the budget process be provided in the future so that all Members and the public can more easily identify how much of their money is being spent on services and how much invested in properties and other reserves
2) re-affirm that its primary commitment is to the provision of public services and not to the building up of superfluous reserves and investments