Thurrock Council hope for “further financial success” after four year balanced budget

THURROCK Council has outlined ambitious plans to build on its financial successes after achieving a balanced budget until 2023.

Through strong financial planning, an innovative approach to commercial opportunities and an impressive investment portfolio, the council has balanced the books for another four years, as well as generating a multi-million pound surplus claims Thurrock Council.

Cllr Shane Hebb, Deputy Leader and Cabinet Member for Finance and Transformation said: “Our innovative and prudent financial strategy has not only safeguarded frontline services for another four years, meant no cuts and enabled us to freeze Council Tax for our hardworking residents, but also allowed us to plough extra resources into important initiatives to help fight crime and anti-social behaviour, and improve environmental services.

“On top of that, we are continuing to invest heavily in the borough’s infrastructure, including £78million on widening the A13, £17million expanding schools, more than £20million redeveloping Grays and Purfleet and £2.3million on building new homes, as well as developing plans to create new east-facing slip roads on the A13 near Lakeside.

“We are not complacent and are continuing to work towards becoming entirely financially self-sufficient while maintaining our focus on high quality services for our residents.

“There remains much left to do, but I am confident we can build on our successes by continuing to move forward with the financial plan we have set out, reflecting on what must still be improved and maintaining our belief that every resident in Thurrock can prosper.”

The full report is available at: https://democracy.thurrock.gov.uk/documents/s24578/Report%20of%20the%20Cabinet%20Member%20for%20Finance%20and%20Transformation.pdf.

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