Finances show another £68k needed for sports centre

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An extra £68,000 will be spent on Boston’s Princess Royal Sports Arena, the latest batch of council finances have shown.

The borough council says it is making savings beyond its predictions, offsetting anticipated extra costs – such as that for the sports centre.

The latest Governance and Performance Monitoring Quarter Three report, which records details between October to December 2012, showed that Boston Borough Council had a £54,000 underspend on the budget.

The report was made to the cabinet meeting on Wednesday, however, it was revealed there would be anticipated additional financial support for the Princess Royal Sports Arena.

Despite having already paid out the budgeted £88,000 for the venue this year, it was expected that an extra £68,000 will have to be paid out in the final quarter.

However, deputy leader Coun Raymond Singleton- McGuire said the additional ‘support’ would be offset by the underspend and a projected income from town leisure services would offset the additional pressure.

It was also noted by the council that further improvements are to be made to the council’s new refuse fleet with in-cab technology to increase efficiency.

The solar panel systems installed at the Geoff Moulder Leisure Complex had also produced 19.7 per cent more free electricity than anticipated.

Finally, the garden waste collection scheme had achieved a recycling and composting rate of 41.6 per cent against a target of 35 per cent.

The council has had to make savings of £1 million this year in the face of cuts in its Government cash.