£22m left in the Kirklees kitty

Issue 477

MORE cash for public services could be made available from next year after it was revealed Kirklees Council underspent its budget by £22m.
Councillors are to be asked approve a revised budget featuring a new capital investment plan and cash rollovers into the next financial year.
It follows a report from director of resources David Smith showing a £9m revenue budget underspend and a £13.8m capital budget underspend.
The revenue figure is down to things such as sending less waste to landfill, controlling vacant posts and increasing income.
The capital underspend was due to a general slowdown in spending, and a total of £15m of the spare cash is to be made available from 2012/13.
Council leader Mehboob Khan said the rest – £7m – would be held in reserve and he added: “We’ve paid massive attention to managing finances. Moving money into balances insures us against falling revenues and allows us to meet our commitments”

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