A NEW report has revealed that council chiefs are currently expecting to spend just under £250,000 less than expected during the current financial year.
Bosses at East Staffordshire Borough Council announced the boost following a close look at a ‘successful’ period of performance both in terms of financial success and targets during the second quarter of the financial year.
It was also revealed that the authority was set to achieve more than 95 per cent of a collection of targets set at the beginning of the year.
Richard Grosvenor (pictured), leader of the borough council, said: “The evidence shows that the council has continued its strong start to the year in terms of performance.
“We are on course to achieve more than 96 per cent of our targets.
“Not only does the council continue to achieve these high levels of performance but we are able to do so whilst cumulatively decreasing council tax rates by 1.8 per cent, compared to an average increase of 1.8 per cent among our nearest neighbours and a 1.9 per cent increase nationally.”
The performance and financial outturn results up to the second quarter forecasted an under-spend for the financial year of around £249,000
A spokesman for the authority said: “The council is pleased to forecast a continued under-spend for the current financial year of around £249,000. This is a very pleasing position given that substantial savings have been built into the budget in recent years.”
Andy O’Brien, chief executive of the council, said: “The authority has once again proven itself to be in a very strong position in terms of performance and finance and has a very promising start to the year.”