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    Cash-strapped council’s 5.3m surplus

    Cash-strapped council’s 5.3m surplus

    One week ago: The report which will be discussed at a meeting of the Finance Panel tomorrow also notes that the council has spent £2.9 million from its risk budget on these areas and the school’s delegated budget during the year.…
    Mywelshpool Mywelshpool
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    Councillors approve 1.35m for new bus timetable

    Councillors approve 1.35m for new bus timetable

    07.07 2025: Cabinet Member for Finance, Cllr David Thomas said: “It’s premature to suggest that it will be funded from Council Tax as we don’t know what settlement we’ll receive from the Welsh Government.” He explained that departmental savings,…
    Mywelshpool Mywelshpool
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    Local tourism leaders’ fears over new tax

    Local tourism leaders’ fears over new tax

    03.07 2025: “Unfortunately, the Finance Secretary refused to compel councils to chase operators avoiding registration and collecting the tax so, once again, we see another burden which falls on the shoulders of the businesses playing the game not…
    Mywelshpool Mywelshpool
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    Hundreds receive business rate relief

    Hundreds receive business rate relief

    20.06 2025: Cllr David Thomas, Cabinet Member for Finance and Corporate Transformation, said: “We estimate that 980 businesses in Powys may be entitled to this 40% rate relief so I’m delighted so many businesses have applied for their rate relief already.…
    Mywelshpool Mywelshpool
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    Welshpool Town Council to slash committees

    Welshpool Town Council to slash committees

    02.06 2025: The Finance and Staffing committees will become …while the Events & Tourism and Planning committees will combine to form The Services & Property committee will be renamed …with some responsibilities moved to Finance…
    Mywelshpool Mywelshpool
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    Drakeford plans business rates shake-up

    Drakeford plans business rates shake-up

    23.05 2025: Our Senedd reporter shares what former First Minister is planning for business rates The First Minister-turned-Finance Secretary launched a 12-week …on proposals to adjust the multipliers for business rates,…
    Mywelshpool Mywelshpool
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    Powys councillors set for 1,105 pay rise

    Powys councillors set for 1,105 pay rise

    12.05 2025: To do this, they need to give written notice to the chief finance officer (section 151 Officer - Jane Thomas) to say that they: “elect to forego any part of their entitlement to a salary, allowance or fee.…
    Mywelshpool Mywelshpool
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    This is what the report highlighted

    This is what the report highlighted

    05.05 2025: SWAP said that a business manager for the school had been working with the council’s central finance team to find ways of balancing the books. At a meeting in January the school had presented council finance chiefs with “potential budget…
    Mywelshpool Mywelshpool

    Schools funding row continues

    Schools funding row continues

    12.04 2025: Labour’s Cllr David Thomas, portfolio holder for finance, said: “We’re here to discuss the recommendations from the Estyn report; finance wasn’t one of those. “In actual fact if you read the report in detail,…
    Mywelshpool Mywelshpool
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    Council raises just 1.02m out of planned 10m

    Council raises just 1.02m out of planned 10m

    10.04 2025: …strain on revenue and I do wish to double down efforts to ensure that I improve the flow of capital receipts into the organisation.” Cllr Berriman explained that he had discussed the situation with finance portfolio holder,…
    Mywelshpool Mywelshpool
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    Employees buy their Welshpool firm

    Employees buy their Welshpool firm

    06.04 2025: Director of Finance are remaining involved with Cambrian to guide it through the Employee Ownership Trust transition. Arwyn, who will be stepping down as director but is remaining on the EOT Board,…
    Mywelshpool Mywelshpool
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    There were none on the other side of the grandstand by the Bowling Club

    There were none on the other side of the grandstand by the Bowling Club

    03.04 2025: Had it come through a few years ago it probably would have happened, but things have moved on. “We now have a problem that we are competing for finance for some urgent projects and the funders are likely the same funders who would fund…
    Mywelshpool Mywelshpool

    Tourism Tax a step nearer to being introduced

    Tourism Tax a step nearer to being introduced

    03.04 2025: Pointing out that visitor levies are common across the world, the finance secretary stressed councils would have an option rather than an obligation to bring in a levy. The former first minister argued the levy - which he said would cost…
    Mywelshpool Mywelshpool
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    Council tenant farmers facing eviction - claim

    Council tenant farmers facing eviction - claim

    28.03 2025: Finance Panel chairman, Conservative group leader Cllr Aled Davies said: “One really concerning aspect is that you are highlighting the creation of three new farms. “This may be a hard pill to swallow for some of our existing tenants who…
    Mywelshpool Mywelshpool
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    “Estyn has concluded the council’s education causes significant concern

    “Estyn has concluded the council’s education causes significant concern

    27.03 2025: “We have no confidence in this Lib Dem/Labour cabinet, they must take collective responsibility.” He believes many of problems faced by the department are “a consequence” of decisions taken by the portfolio holder for finance…
    Mywelshpool Mywelshpool

    Strengthen the quality and impact of leadership, including political leadership, at all levels

    Strengthen the quality and impact of leadership, including political leadership, at all levels

    27.03 2025: Estyn stated that the council knows the financial position of its schools well and that finance officers provide timely and clear information to education leaders about the financial position of all schools.…
    Mywelshpool Mywelshpool

    She asked what alternatives had been looked at and what the consequences would be if the board voted against the plan

    She asked what alternatives had been looked at and what the consequences would be if the board voted against the plan

    26.03 2025: Director of finance Pete Hopgood explained that “other more blunt actions,” would have been to stop the use of all agency staff, locum doctors, and overtime.…
    Mywelshpool Mywelshpool

    Risk of plummeting standards increases

    Risk of plummeting standards increases

    26.03 2025: Finance portfolio holder Labour’s Cllr David Thomas said: “There is one risk where there is a request for escalation. Education services would like to escalate the following risk.” Cllr Thomas then read out the risk:…
    Mywelshpool Mywelshpool
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    Health shocker as Powys waiting times delay set to be introduced afterall

    Health shocker as Powys waiting times delay set to be introduced afterall

    26.03 2025: Health Board meeting today set to discuss scrapped plans after revealing a 38.4 finance black hole PTHB said that the plan is being discussed again today at a public board meeting after the sheer extent of the health board’s financial…
    Mywelshpool Mywelshpool
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    Motte and Bailey site to be fenced off

    Motte and Bailey site to be fenced off

    14.03 2025: Initial finance for the project followed an agreement with supermarket giant Tesco as part of its deal to open in the town and the European-funded Severn Valley Regeneration Project. But once that money dried up,…
    Mywelshpool Mywelshpool
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    This is what the Town Council has said

    This is what the Town Council has said

    28.02 2025: Following the completion of the reports, Councillors discussed the financial implications in the Finance Committee meeting held on February 26. In this meeting, Councillors discussed a range of actions including looking at the future…
    Mywelshpool Mywelshpool

    Cash-strapped council to offload three more houses

    Cash-strapped council to offload three more houses

    26.02 2025: This money would then be used to help finance the council’s future plans to build new schools, mend roads, maintain council buildings and help reduce the need of borrowing to pay for these projects.…
    Mywelshpool Mywelshpool

    As expected: Powys budget confirmed, including 8.9% council tax rise

    As expected: Powys budget confirmed, including 8.9% council tax rise

    21.02 2025: Finance portfolio holder, Labour’s Cllr David Thomas, is worried that dipping into council’s reserves could lead to the authority’s effective bankruptcy. Cllr Thomas said: “The general fund reserve or rainy-day reserves is only at…
    Mywelshpool Mywelshpool
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    Additional Senedd funding wouldn’t cut 8.9% council tax hike

    Additional Senedd funding wouldn’t cut 8.9% council tax hike

    16.02 2025: Cabinet Member for Finance and Corporate Transformation, County Councillor David Thomas said: “Despite the increase in our external funding, growing demand, particularly in social care, and inflationary pressures mean we we’re…
    Mywelshpool Mywelshpool
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    Councillor hits out over lack of detail in schools' plan

    Councillor hits out over lack of detail in schools' plan

    30.01 2025: to look at whether the approach we have used in the past is the most cost effective.” Finance portfolio holder, Labour’s Cllr David Thomas, said: “If we allow this capital programme to go along unchecked and uncontrolled,…
    Mywelshpool Mywelshpool
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    Welshpool council tax slice set to rise by 10%

    Welshpool council tax slice set to rise by 10%

    29.01 2025: At a Finance Committee meeting on Wednesday, January 22, councillors agreed in private session, which excludes the public and press, that the precept should be set at £804,000, up from last year’s figure of £731,…
    Mywelshpool Mywelshpool
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    Council's 5m Leighton land deal falls through

    Council's 5m Leighton land deal falls through

    28.01 2025: One of the expectations is that the council makes £10 million a year in ‘capital receipts’, which come from selling assets with the money used to finance other building and infrastructure projects. Liberal Democrat Raiff Devlin…
    Mywelshpool Mywelshpool
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    'It is not safe' - Shropshire Council's 37m budget black hole could see reserves cut down to just 1.5m

    'It is not safe' - Shropshire Council's 37m budget black hole could see reserves cut down to just 1.5m

    20.01 2025: The council's head of finance, James Walton, delivered an update on the perilous budget situation to the authority's transformation and improvement scrutiny committee earlier today - Monday, January 20.…
    Shropshirestar Shropshirestar
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    Grant funds renovation of adapted bungalows that help students prepare for independent life after college

    Grant funds renovation of adapted bungalows that help students prepare for independent life after college

    11.12 2024: Director of Finance and Sustainability Andrew Smith thanked The Bernard Sunley Foundation for supporting the project, saying: The Agnes Hunt Village bungalows offer students the perfect step towards a more independent future.…
    Shropshirestar Shropshirestar
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    Local tattoo, piercing, and acupuncture businesses face visits

    Local tattoo, piercing, and acupuncture businesses face visits

    06.12 2024: Ms Jones said: “I believe we will produce this report in the new year because there has been a delay in comment from legal and finance which is beyond my control.” She added that the report was supposed to be “just for information” so that…
    Mywelshpool Mywelshpool
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