Balancing the books

Calderdale Council has balanced its budget, despite the unprecedented flooding in the Upper Calder Valley in 2012, according to a report on the 2012/13 accounts which will be discussed by Cabinet on Monday 3 June.

Cllr Tim Swift, Leader of Calderdale Council said:

“In this time of austerity it is critical that we maintain a firm financial footing. The Council has been resilient, making necessary savings whilst delivering essential services for local people. By managing our resources carefully we are ensuring that we can continue to invest in our infrastructure to encourage the economic growth which is so vital for the future of Calderdale. We were also able to find additional resources during the year to respond to the huge challenge posed by the worst flooding to hit Calderdale in the last thirty years.”

The Council’s balances remain above the minimum level of £5 million recommended by its external auditors. This provides the Council with flexibility helping it to fund additional areas including a contribution of £160,000 for the Tour de France and just over £1 million to support levels of council tax from 2013/14 to 2015/16.

Cabinet members will be recommended to take action to make sure the Council is prepared for any further severe weather during 2013/14. They will also be asked to transfer £500,000 from balances to a fund against the unexpected costs which arise from severe weather, and to approve spending another £500,000 to help fund flood prevention work.

The Cabinet meeting will take place at 6pm at the Town Hall, Halifax.

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