Comments on: Dick Walsh outlines challenges to 2010 budget allocation http://forargyll.com/2009/11/dick-walsh-outlines-challenges-to-2010-budget-allocation/ Fri, 25 May 2012 07:48:46 +0100 hourly 1 http://wordpress.org/?v=3.2.1 By: Spikehttp://forargyll.com/2009/11/dick-walsh-outlines-challenges-to-2010-budget-allocation/#comment-20069 Spike Sat, 28 Nov 2009 09:35:37 +0000 http://forargyll.com/?p=17787#comment-20069 I thank Cllr Simon for his reply and I stand corrected on the figure. I am surpise the amount is so small but no doubt the need to maintain a contingency fund is a legal requirement. While the Cllr did answer the first part of the above I would be grateful if he could tell use just how much Council money, if any, is held in short / long term accounts in the Banks. I thank Cllr Simon for his reply and I stand corrected on the figure. I am surpise the amount is so small but no doubt the need to maintain a contingency fund is a legal requirement.
While the Cllr did answer the first part of the above I would be grateful if he could tell use just how much Council money, if any, is held in short / long term accounts in the Banks.

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]]> By: kintyre1http://forargyll.com/2009/11/dick-walsh-outlines-challenges-to-2010-budget-allocation/#comment-19953 kintyre1 Fri, 27 Nov 2009 19:45:20 +0000 http://forargyll.com/?p=17787#comment-19953 why don't argyll & bute councillors like ron simon give up their council pensions ? councillors never used to get pensions from the taxpayer . why don’t argyll & bute councillors like ron simon give up their council pensions ?
councillors never used to get pensions from the taxpayer .

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]]> By: Ron Simonhttp://forargyll.com/2009/11/dick-walsh-outlines-challenges-to-2010-budget-allocation/#comment-19920 Ron Simon Fri, 27 Nov 2009 17:41:19 +0000 http://forargyll.com/?p=17787#comment-19920 Spike I am afraid Dick is absolutely spot on. Whilst I agree with your comments about Westminsters £500m to suggest that the Council is sitting on £80million tucked away for a rainy day is absolute fantasy, I wish it were true. Its a matter of public record in the Audited accounts that the balance of the General fund sits at around £4million. The Council is obligated to maintain a contingency of 1.5% during the budget period to 2011-12 which basically amounts to £3.9million. The Council would be very imprudent to even consider dipping this. I wish Spikes scenario were true. Spike
I am afraid Dick is absolutely spot on.
Whilst I agree with your comments about Westminsters £500m to suggest that the Council is sitting on £80million tucked away for a rainy day is absolute fantasy, I wish it were true. Its a matter of public record in the Audited accounts that the balance of the General fund sits at around £4million. The Council is obligated to maintain a contingency of 1.5% during the budget period to 2011-12 which basically amounts to £3.9million. The Council would be very imprudent to even consider dipping this.
I wish Spikes scenario were true.

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]]> By: Spikehttp://forargyll.com/2009/11/dick-walsh-outlines-challenges-to-2010-budget-allocation/#comment-19850 Spike Fri, 27 Nov 2009 11:49:52 +0000 http://forargyll.com/?p=17787#comment-19850 While it is a very difficult time for all Councils, due to the £500 million in cuts from the Westminster Labour goverment, surly the Council keeps a reserve for such concontingencies has these. It was my belief that the A & B's reserve was in the region of £50 - £80 million. Now I am happy to be corrected on that figure, but Dick Walsh should not be crying Wolf when front line services are being threaten with futher cuts, has they are year on year. If there is any possiblity that there are Council funds out there, hidden away i.e in long / short term savings accounts in the Banks, then they have to be utilized for the benefit of the public of Argyll and Bute. Once we have gotten throught these difficult times then they can be built back up. While it is a very difficult time for all Councils, due to the £500 million in cuts from the Westminster Labour goverment, surly the Council keeps a reserve for such concontingencies has these. It was my belief that the A & B’s reserve was in the region of £50 – £80 million. Now I am happy to be corrected on that figure, but Dick Walsh should not be crying Wolf when front line services are being threaten with futher cuts, has they are year on year. If there is any possiblity that there are Council funds out there, hidden away i.e in long / short term savings accounts in the Banks, then they have to be utilized for the benefit of the public of Argyll and Bute. Once we have gotten throught these difficult times then they can be built back up.

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