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12 September 2017

Wiltshire on course for a balanced budget

Wiltshire Council is predicting it will deliver a balanced budget at the end of the year, following the introduction of a number of financial measures.

Council finances are monitored on an on-going basis and an increased demand for children's and adults' social care has resulted in a forecast budget variance of £4.48m should spending patterns continue. 

Cabinet members today discussed the latest monitoring report, set against a backdrop of reduction in government funding, which shows the projected measures are in place to deliver a balanced budget by year end.

Philip Whitehead, cabinet member for finance, said: "It is not unusual to have a forecast variance at this time of year, however it is much lower than recent years, and we already have plans in place to ensure we achieve and balanced budget once again.

"The situation we face is the same across the UK as all local authorities are having to tighten their belts. We have rising costs through inflation, a reduction in government funding, and a continued increase in demand, especially in social care.

"We keep a close eye on our finances and by taking these actions in good time we are ensuring we are heading for a balanced budget by the end of March 2018."

Last updated: 12 September 2017 | Last reviewed: 12 September 2017

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