Social Value Ideas for Tewkesbury Borough Council

Q2 Budget Surplus Achieved

Quarter 2 shows overall surplus of £902,000 (£773k after ring-fenced transfers). Key variances include housing benefit costs £82k underspend, planning employee costs £83k overspend (fully funded throu…

“Overall as you can see really positive, £902,000 surplus and that's £773 after we've transferred ring fence funding to reserve”

PWRB Loan Early Repayment Generates £4.9m Discount

Council repaid £11m PWRB long-term loan early (originally due to mature April 2058 at 2.35% interest). Early repayment generated £4.9m discount. Accounting recognition spread over 10 years: £498k this…

“We had it at 2.35% and it was due to mature April 2058. Now what the PWRB do is if you – because their interest rates are higher, they will give us a …”

Q1 2025 Revenue Budget Surplus

Quarter 1 2025 shows strong financial performance with a £602,000 revenue surplus and £500,000 surplus after ring-fenced funding transfers. Main positive variances include IT Digital & Cyber savings o…

“The services overall are 335 kender budget. Main positive variances, there's a lot of savings. There's a lot of vacancies in the first quarter where s…”

Financial Statements Audit Completion

2024-25 financial statements audit completed ahead of new 30 June deadline (council submitted by May). Statement of accounts approved unanimously by committee. Bishop Fleming auditors praised relation…

“So the Council I won't go back through after you've sat through an hour and a half of training already to late earlier today. So I will just take, I'm…”

Section 106 Legal Agreement Execution - Twining

Delegated authority granted to Director of Growth to secure signing of section 106 legal agreement for 70-dwelling Twining scheme, including all contributions and infrastructure delivery conditions.

“delegated to the Director of Growth to secure any additional amended conditions and to secure the signing of a section 106 legal agreement.”

Red Cross Centre Link Road Residential Conversion

Planning permission granted for conversion of Red Cross Centre from commercial use to residential (2-bedroom dwelling) with associated operational works including fenestration alterations, external wa…

“The proposal seeks to retain existing building and convert it to two bedroom dwelling with alterations to the fenestration external walling and roofin…”

Pheasant House Three Dwelling Development PIP

Permission in Principle granted for erection of up to three dwellings at Pheasant House, Gloucester Road, Staverton. Site located within Green Belt but classified as grey belt land meeting MPPF paragr…

“The decision therefore falls under the national policy and the tilted balance meaning permission should be granted unless the adverse impacts would si…”

Peat-Free Environmental Policy Implementation

Council approved new Peat-Free Policy requiring all contractors and internal operations to eliminate peat product use. Policy applies to Yubico (largest contractor) and all external suppliers. Monitor…

“I mean given that we don't have huge arrays of parks and gardens... our largest contractor is Yubico so we're already having those conversations with …”

Grass Cutting Service Redesign - Parish Partnership Model

Council approved Option 2, enabling parish and town councils to take greater control of grass cutting in their areas with TBC officer support and coordination. This represents a shift from direct serv…

“Option three is about partnership. It enables parish councils to take greater control of grass cutting in their areas, supported and coordinated by of…”

Grass Cutting - Option 3 Full Council Delivery (Rejected)

Rejected proposal to revert to full TBC delivery of grass cutting at 8-12 cuts annually. Would have required £74,000 annual revenue budget plus £110,000 one-off capital spend for equipment and resourc…

“Option three is to revert to full TVC delivery. This would restore the highest standard of eight to 12 cuts annually, but it comes with significant co…”