Council budget approved
Significant investment into the district over the coming yearsPublished: Wednesday, 26th February 2020
Braintree District Council’s Full Council has approved the council budget for the financial year ahead which will see significant investment into the district while also protecting frontline services.
The total estimated spend on capital projects in 2020/21 is £42.66 million for projects such as the Manor Street redevelopment, Horizon 120 and I-Construct.
The investment is all part of the Council’s Health, Homes, Journeys and Jobs agenda and will unlock more opportunities for its residents and businesses.
The budget was approved at a meeting of Full Council on Monday 17th February.
Despite receiving £6.7 million less from central government, the Council has balanced its budget by bringing in income - largely through careful financial management and investments including the buying of commercial buildings to rent out, and by reducing costs without impacting on the services received by residents.
Read more about the budget plans.