Issue - meetings

INCOME GENERATION AND ENTERPRISE PLAN

Meeting: 17/04/2018 - Strategy and Resources Committee (Item 56)

56 Income Generation and Enterprise Plan pdf icon PDF 127 KB

This report sets out a new Income Generation and Enterprise Plan for the Council.  It has been prepared in the context of significant continued cuts in Government funding and will have a key role in enabling the Council to be more financially self-sufficient.

Decision:

The Committee approved the approach to income generation and enterprise set out in the report.

Minutes:

The Committee received and considered a report setting out a new Income Generation and Enterprise Plan for the Council. The report had been prepared in the context of significant continued cuts in Government funding and the proposed approach would have a key role in enabling the Council to be more financially self-sufficient.

The Chairman highlighted that this approach would be aligned to the Council’s strong public service ethos and was also about understanding the needs of residents’ and providing services residents’ wanted.

The report highlighted four specific workstreams that had been identified and the services that would be targeted in phased four-year plan.

 It was noted that, at the present time, this did not include the provision of building services but this was not ruled out as a possibility in the future as the Council’s commercial portfolio grew. It was acknowledged that this was a challenging process in terms of resources and outcomes. It would involve cultural change and Officers would be open to opportunities to share best practice or work in partnership with other organisations as they presented themselves.  Discussions had already taken place with Aylesbury Vale District Council to draw on their experience and the Council was currently in the process of recruiting a Marketing Manager to underpin the work needed to maximise current and future market opportunities.

The Committee approved the approach to income generation and enterprise set out in the report.