Key figures (revised 13/12 to compare like with like):
Feb 2008 Cabinet:
Element of Parks & Green Spaces funding required from land sales:
£41m :For capital investment
£22m :For maintenance
£63m :Total to fund parks programme
add
£27m : agreed share (@ 30% of gross sales) for the council pot
£90m : total sales receipts required.
Dec 2010 Cabinet:
£16m : total value of sites identified and recommended for sale
£ 4.7m : lost to parks as the agreed cut for other purposes
£11.3m : funds available toward PGSS target.
Shortfall : £51.7m (i.e. only 18% of the total can be raised)
Extract from Parks and Green Spaces Strategy, driving the sales:
"should there be insufficient 'low value' marginal land available.... the council will review the ambitions of the strategy and consider alternative funding sources." (p42)
1 comment:
What the Council views as "'low value' marginal land" often has a very high wildlife value.
Philistines.
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