Nottingham City Council – Social Entrepreneurship & Commercialisation

New Skills and New Ways of Working

• Over the past 8 years, Nottingham has delivered a £250million reduction to its core budget and we have had to find a further £30million in the next year and most likely similar level savings each year up to 2019/20.
• Gross expenditure has reduced year on year since 2009
• The service Budget has reduced from £8million to £5.8million.
• During this time Income has significantly increased, creating a net service cost of around £550k.
• The team brings in 91% of service costs
• Whilst our development team generate £12 external capital funding for every £1 of Council funds.
• External funding since 2007 totals £38million, achieved through bids, commercial activities and partnerships.
• Quality services have been retained and service improvements continue.

Nottingham City Council Parks Budget Challenge

• Gross expenditure has reduced year on year since 2009
• The service Budget has reduced from £8million to £5.8million.
• During this time Income has significantly increased, creating a net service cost of around £550k.
• The team brings in 91% of service costs.
• Whilst our development team generate £12 external capital funding for every £1 of Council funds.
• External funding since 2007 totals £38million, achieved through bids, commercial activities and partnerships.
• Quality services have been retained and service improvements continue.

The Parks Service Response to the Budget Challenge

The Parks team has responded by:-

•  driving up productivity,
•  maximising efficiencies
• developing a wide range of commercial income generating projects.
• And creating new service offers to generate more income and offset the impact of the budget reductions.
• Jobs have been protected.
• Sustain service delivery
• Continue our Parks improvement programme