Millions raised for roads and classrooms
PUBLISHED: 13:00 19 December 2012
SOMERSET County Council has revealed a £9million boost for new classrooms and roads through the sale of its assets.
The authority completed sales on 19 areas of land and properties over the last year totalling £9,163,000 – more than £1million above the estimated value.
It also announced it was on target to deliver savings of £5million over the next 10 years through its Smart Office programme.
Cllr David Huxtable, cabinet member for resources, said: “The funds generated will ensure we can build new classrooms for schools which desperately need them, new roads and support other highway improvements such as new bridges.”
The Smart Office programme involves sharing office space with other parts of the public sector. This will enable to council to sell surplus buildings to generate more income. It aims to reduce the buildings from 33 to just five.