This week Sefton MBC will confront the hard decisions required to meet the Governments spending target for local Council Tax. In a series of meetings Sefton Cabinet members followed by the full Council will hear, debate and propose a budget.
There are many changes and the full document is well over 130 pages long. To see these proposals follow this link: Future Expenditure Plans. There's lot of pain in this long document.
There is an intriguing reference to the possibility of additional funding to support High Street Innovation in one of the other documents:
It is proposed to offer other town centres and shopping parades throughout the Borough the same level of support. The Revenue Budget 2013/14 and Two Year budget plan, elsewhere on today’s agenda, includes a proposal to finance an additional £1m of capital spend using funding from reserves, which will fund a variety of schemes. More detail on this will be put before Cabinet on 28 March 2013, but part of this funding will be earmarked as part of the initiative to regenerate the high street.
Some of you may recall that in the run-up to last years Sefton elections there was a promise of such aid. Perhaps this is the outcome of that promise.
At any rate if it does come to pass it will be some consolation to Formby for missing out on £22,000+ funding arising from the lack of a Portas Town Bid