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NM NEWPORT MA TTERS The offi cial newspaper of Newport City Council


EVENT SAVED AND INVESTMENTS PLANNED IN BUDGET


Image courtesy of www.michaelhallphotography.co.uk


Newport City Council has agreed its budget for the forthcoming year with council tax set to increase by 3.9 per cent – 1.1 per cent lower than the fi gure that was consulted on.


For a household in a Band D property council tax will be £974.61, an extra £36.59 a year, which works out at around 70p a week.


Because of this lower level of increase, Newport continues to have the second lowest council tax in Wales.


With a better than expected settlement from the Welsh Government, it also means the council can reduce the amount of savings it had to consider, and can also invest in other council services.


Leader of Newport City Council, Councillor Bob Bright, told the budget meeting on February 24:


“ We were able to completely remove 11 savings proposals based on the feedback received after consulting with a number of individuals and organisations. Stopping funding


for events, such as Newport Food Festival, have also been taken out of the savings proposals.


“ We were able to increase funding to schools, which now will receive a 3.5 per cent increase, one of, if not the highest in this area and indeed Wales. Funding for on-going investments in the council’s streetscene infrastructure and assets is also agreed.


We introduced a ‘Small Business Growth Fund’ to off er a range of support to new entrepreneurs and small businesses looking for


a ‘kick start’, thus helping to maintain Newport’s position as the best place in Wales to start a business. £25,000 will also be allocated to further the work with those who rough sleep”.


The council also had to consider budget pressures including costs relating to the new National Living Wage; funding the increase in employer’s National Insurance costs and the costs of meeting the Welsh Language standards at £280,000 in 2016/17.


Cllr Bright continued: “ These pressures are requirements that have to be met. They amount to nearly £4.3m in 2016/17 and must be met with no additional funding being provided.


“ The fi nal 0.7 per cent reduction in the settlement has still resulted in a challenging budget, but with fewer savings having to be made than originally feared.


Details of the annual council tax bill can be seen on our website. www.newport.gov.uk


For more news visit www.newport.gov.uk ........................................................................................................................................................... NEWPORT MATTERS MARCH 2016 1


MARCH 2016. Edition 3. .......................................................................................................................... SUPPORTING OUR


ARMED FORCES SEE PAGE 2


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