Havant Borough Council’s budget for the next 12 months will boost regeneration and the local economy, councillors heard last night.
A meeting of the full council approved a budget for 2019/20 financial year, which sets out a council tax rise of just 11p per week for a band D property.
Councillor Michael Wilson, Leader of Havant Borough Council, told councillors: “This budget delivers on our priorities set out in the corporate strategy.
“Our corporate priorities focus on economic growth, public service excellence, environmental sustainability, financial sustainability and creativity and innovation.
“By putting into place significant funding, we are able to transform the council’s role in rejuvenating the borough, making it attractive to investors. This will, in turn, help create economic growth throughout borough.”
Councillors from Havant Borough Council voted on the borough precept part of the Council Tax bill for 2019/20. The rate for a Band D property will be £204.48, an increase of £5.94 per year, or 2.99%.
The Deputy Leader and Cabinet lead for Finance and Regeneration, Councillor Tim Pike, then went on to explain the rise in council tax by saying: “Our first corporate priority is financial sustainability, we have tried hard (in previous years) to balance our budget through efficiency savings.
“We now propose to grow our income through better returns from our joint venture company, Norse South East, appropriate fees and charges for our services and ensuring our resources are tightly focussed on those areas our residents consider the most important.”
Outlining the priority schemes planned for the next year, not only places regeneration at the forefront, it also sees £70k maintenance budget for the 37 playparks in the borough and a new initiative giving Council Tax support for care leavers aged 18 to 25 years.
Havant Borough Council tax bill will be added to that of Hampshire County Council (increase of 2.99%), Hampshire Fire and Rescue Service (increase of 3%) and Police and Crime Commissioner for Hampshire (increase of 13.52%) to form an overall increase of 4.13% to the annual bill. Havant Borough Council's share of the overall bill is just 12%.
For more details, please see the Budget report to Full Council.