Wokingham Borough will be able to spend more in cash terms next year than this, following the local government settlement. The education budget will show a small real increase, whilst the rest of the revenue spending shows minus 0.6% in “estimated revenue spending power” 2011-12 in today’s figures released by the government. The figure for non educational spending for next year is £117.19 million.
This is a much more generous settlement than the Council expected and should mean the Council can avoid any damaging cuts to core services.
The figures for total government revenue grant (excluding education) are £35.9 million for 2011-12 compared to £36.6 million in 2011-11. This should mean the Council could keep good services in all the important areas and avoid a Council Tax increase.