Each year the Council has to set a budget which shows how we will generate income and fund our services. Since 2010, we have faced tough financial challenges, which meant that we had to save £161.47m. We have done this through changing the way we provide our services and developing new and innovative investment strategies.
Over the next three years we need to save a further £40.67m, and to help us to do this we have focused on economic growth and investment strategies. These plans are now paying off and more people than ever want to live and do business in our borough.
The strategies that we have put in place over the last couple of years mean that this year we are proposing that there will be no cuts to council services, and in addition to this we will be investing in services that we know are important to you, for example, social care and highways.
In addition to this we are helping households in Trafford to save money on everyday activities by abolishing library fines and reducing car parking fees which will also help to further support our town centres.
What happens next
The proposals will be considered at the Executive meeting on Wednesday 21 February. You can watch the meeting live via our Public-i site.