Frome Town Council to set 2013/14 budget
By Fromereporter | Wednesday, January 30, 2013, 06:00
Frome Town Council meet at the Assembly Rooms (behind the Memorial Theatre) on 30th Jan at 7pm to set the budget for 2013/14.
Leaders report, including negotiations with Mendip DC on the New Homes Bonus & what proportion might come to Frome, meetings with various FTC officers, members & members of the public.
Town Council office improvements, a detailed scheme has been prepared by architects Nugent Vallis Brierley. Costs £150,000, with £210,000 reallocated to town centre improvements.
2012/14 budget, work programme & precept (council tax) setting;
Recommend increase of 2.8% in council tax. Total budget £1,055,550.
Ear marked reserves (funds for planned projects); to cover elections, CCTV, play equipment, market regeneration, sports, vehicle, bins, Iibrary info centre, office refurb.
General reserves to be reduced to £180,000, with over £150,000 set aside for town centre improvements (Market Place & River)
Review of MDC Economic Development Strategy - a recommendation to feed back priorities of Frome & arrange to meet with MDC.
Download the documents here;
Appendix 1 - Action Plan
Appendix 2 - Budget
Appendix 3 - precept notes