SMTC Weekly Report 13/4/18
By Andrew Coates, Town Clerk, Apr 16 2018 10:12AM
Items of importance dealt with week commencing 9th April 2018
I and the Mayor attended a conference of Devon and Somerset Councils yesterday and there were several workshops which were of interest giving Councils an opportunity to inform other Councils how they were dealing with certain issues. Some of the items of interest which I will be looking into:
Fundraising- Several Councils employed a fundraiser to support community organisations at a cost of £10,000 per annum and Frome Council managed to raise around £400,000 in new funds for local organisations.
Borrowing – Many Councils have taken advantage of low borrowing rates for Local Authorities and having looked into it I believe it will probably be the best way forward for the PBP 4 project. In certain cases one can earn more in a bond than it costs to borrow but then the Council has to way up the slightly added risk of the higher bearing securities being riskier.
Crowdfunding - A few Councils set aside monies to match fund local initiatives that meet the strategic Council objectives and the other side of the match funding was generated from matchfunding from the crowdfunding application. Councils have set up a Crowd Fund site to enable this. It does seem that Crowd Funding is the way to go in certain areas.
Community Fridge – A wacky idea that has been a huge success in Somerset. One Council obtained grant funding for a commercial fridge and all the food shops and supermarkets put their nearly out of date items in the fridge which would otherwise have been thrown out. It has not been abused at all apparently in the Councils that have adopted the scheme.
Just a few ideas for Councillors to think about and discuss if need be.
As discussed last week the ITT Spec for the road costs have been put up on the Procurement Contractor Web site and so far we have had 25 pretty solid inquiries. The data on the website remains on for 28 days then the Council will need a meeting to decide on the contractor to be appointed.
The cemetery spring clean is now complete and all the yew trees have now been cut back and it does look very neat. The first cut has been done today which includes the mounds at the top end.
Finance Meeting on Monday 16th April at 8.30am in the MAYORS PARLOUR.
Planning Meeting on Tuesday 17th April at 6.30pm in the Amory Centre.
Policies Meeting on Wednesday 18th April at 8.30am in the Amory Centre.
Neighbourhood Planning on Wednesday 18th April in the Amory Centre at 6.30pm.
There will be a staff committee meeting to be held in early May.
Andrew Coates, Town Clerk