Mid Sussex District Council financial report points to economic recovery

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Mid Sussex District Council Cabinet met on Monday June 6 to discuss the council’s final 2021/22 budget position and announced the council’s year-end financial position was better than expected in February .

Mid Sussex District Council said the Covid-19 pandemic is still placing “significant financial pressure on local government finances”.

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But Mr Ash-Edwards said: “It is hugely encouraging to see the Council’s finances improving as we seek to bounce back strongly from the effects of the coronavirus pandemic.

MSDC chief Jonathan Ash-Edwards says Mid Sussex District Council’s latest financial results report contains ‘positive signs of economic recovery’

“During the pandemic, the council used reserves to balance its budget and support our leisure centers as they operated below capacity. It had a significant financial impact, but it was the right thing to do to support local services and put our residents first.

“The council tax is only 17% of the district council’s budget and so we are dependent on revenue from service charges and commercial rents to fund most of our local services. It’s great to see those income levels increase.

“This is a positive sign of economic recovery in Mid Sussex as a whole and we will continue to do all we can to support the resurgence of our local economy.”

The District Council said the increased recovery in income levels was the main contributor to the improved financial situation, resulting in savings of £385,000 from budget.

Council-wide pay savings amounted to a further £93,000, the council added.

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