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Monday, 20 December 2010

The Cash Position

Any fool would realise that these are tough times. It means belt tightening at home, as well as the country. Of course, our local representatives running the borough have to do the same.

It would seem, on face value at least, the amount of cash given to this borough next year, compared to this year is about £20 million less.

What is most annoying, isnt the fact that councillors do not offer up their rather generous allowances up to be part of the cuts, yes, they may have them frozen, but lets see them actually cut...

Oh no, we see real term reductions in budgets, things that are going to affect children, the elderly and most vulnerable in our society, when all they need to do is dip into the £200 odd million pounds worth of reserves so greedily stocked up in fatter years.

Yes the past few years residents and businesses have been taxed over and above what was needed, and the difference creamed off and stashed away for a rainy day.

If not now, when will it be used?

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