After councils throughout the country announced an increase in council tax, Alexis Krachai argues that ambition, jobs and investment are the answer.
Not long ago everyone was talking about austerity. Not anymore. The focus is on Brexit, Trump and fake news. Make no mistake though, budgets are still being cut; left, right and centre.
It is rare that town hall bosses are applauded but they have had to handle massive budget cuts over the last seven years. In each year, they have managed to balance what they get and what they spend. That is not an easy task when there is increasing pressure on Council coffers.
The pressure is only increasing. Next year the Council is going to have to find an extra £40million to balance the books. We need to reverse this trend. How can Council budgets can grow? What do we need to do to spend more money on essential services that benefit everyone in the city?
The answer is simple. We need to create new jobs and help businesses to invest. The more jobs created, the more companies that grow, the more money the Council receives. By 2020 all of the money received from businesses will be spent by our Council rather than by officials in Whitehall. That’s good news for our economy and good news for the city. Being in control of what we spend will help Sheffield to become more successful.
What does this mean in reality? We need to attract businesses to invest in Sheffield. The news that the supercar company McLaren is coming to town is terrific. We need to be equally welcoming to companies who want to bring their money and jobs to any part of Sheffield. Nowadays companies can invest anywhere they want to; Sheffield needs to be open for business.
That does not mean every business should be allowed to do what they want and build where they want. The Council has a planning department that is well known for making developers work hard to meet the standards the city expects. These standards will not slip but it is inevitable that Council bosses will need to think about how new developments can help fund essential services.
We live in challenging times. We need more and more money to fund services that benefit a population that is growing older. The government is placing more pressure on Councils to do more with less. There is only one solution – jobs, jobs, jobs.