Release Date: 27/01/2012
Schools, pavements, housing and parks are just four areas that will see additional funding as the Council’s Cabinet agrees this year’s annual Capital Funding programme.
Key highlights of the plan include; up to £40m to fund places in schools and deliver post 16 education; £22.9m allocation to housing schemes around the borough – with £14.2m to be spent on increasing the provision of affordable housing; up to £10m is being made available to continue the regeneration of Twickenham Riverside and ‘Uplift’ schemes in the borough; an extra £5m has been identified for highways and pavement repair, immediately doubling the Council’s current expenditure and an additional £3m to improve borough parks.
Deputy Leader of the Council and Cabinet Member for Finance, Cllr Geoffrey Samuel, said:
“Our investment in education will see new sixth forms which will grow to around 1,000 places, and 750 secondary places and will bring new primary school places up to 2,800– all are much-needed in the borough. We are proud to be delivering and improving local education provision and increasing choice for our students.
“We also proposing additional funding in the key areas you told us through the All in One you want us improve. We are proposing to put aside £10m to deliver regeneration projects in Twickenham and the five Uplift areas. We have been fortunate to receive some funding from the Mayor’s Outer London Fund but in order for us to deliver the work that you have told us you want, the Council is equally finding funding.
“In the All in One 30% of people highlighted pavements as an area for improvement and 20% said roads, so we are setting aside £5m, ensuring our highways and pavements are maintained and safe.
“The reason we have been able to do all of this is because of very careful management of the Council’s finances despite a 24% cut in government grant. Our commitment to the borough has been to spend more wisely, allocating money where it is most needed and to areas that people want. The All in One survey has told us a lot about the priorities of people in the borough and I believe that this is reflected in our Capital Plan
What are these?