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Transformation Strategy and Efficiency Plan

Transformation Strategy and Efficiency Plan 2026/27 to 2030/31

Introduction

Since 2010, the Council has successfully implemented a Transformation and Efficiency Plan (TEP), to drive change and efficiency activity to deal with the scale of the financial challenges the Council faces, currently inflation pressures and potential changes to the system of local government finance. An updated TEP (and dovetails with previous Government requirements for a Productivity Plan). The Executive Management Team, alongside budget managers, have undertaken a review of all Council budgets resulting in savings which have been fed into the MTFS. The TEP focuses on the following themes:

  • Service Efficiencies
  • Thematic Reviews
  • Additional Income

This Programme will form the basis of how the Council meets the financial challenge. The below demonstrates that by 2030/31 with £1,998,000 of efficiencies, a £2,800,000 deficit over 5 years results in  net  surplus of £815,000.

Savings Targets

Savings Targets
Category

2026/27

2027/28

2028/29

2029/30

2030/31

Gross Budget Deficit excluding Transformation Plan £6,832,000 £7,956,000 £9,216,000 £8,462,000 £8,584,000
Cumulative Savings in Transformation Plan £6,658,000 £7,044,000 £7,770,000 £8,292,000 £8,473,000
Gross Budget Deficit / (Surplus) £174,000 deficit £912,000 deficit £1,446,000 deficit £70,000 deficit £111,000 deficit
Additional Transformation Plan savings
£386,000 £726,000 £522,000 £181,000 £183,000
Net Budget Deficit / (Surplus) £212,000 surplus £186,000 deficit £924,000 deficit £11,000 surplus £72,000 surplus

The Council’s budget for 2026/27 and beyond includes the impact of inflationary increases whilst also being restricted by Government policy on commercial activity to generate additional income, limiting borrowing for wider projects dependent upon capital spending proposals and excluding borrowing from the Public Works Loan Board (PWLB) where capital spend is solely for commercial gain. The Council has continued to review its services and processes and, where possible, identify efficiencies and increase income. 

The Council maintains an ongoing annual review of its current transformation projects. The initiatives and efficiency proposals scheduled for delivery from 2026/27, outlined in Appendix 5, primarily stem from renegotiating the Leisure Strategy provision. Identifying additional savings within already lean budgets remains challenging, particularly given inflation and with Local Government Reorganisation (LGR) leading to significant change. Consequently, the Council’s capacity to undertake new large-scale projects such as Rushcliffe Oaks and Bingham Arena, which significantly contributed to savings is now limited. The Council will continue to deliver projects as demonstrated by the Capital Programme and technological developments such as Artificial Intelligence (AI), may offer future efficiency savings and improvements to customer experience. LGR will be a substantial transformation project, and resources will be directed towards this increasingly as the Council, as expected, approaches 1 April 2028 and ceases to operate in its current form.

Transformation and Efficiency Plan

Transformation Efficiency Plan
Category

2026/27

2027/28

2028/29

2029/30

2030/31

Total

Thematic - - - - - -
Leisure Strategy £116,000 £485,000 £207,000 - - £807,000
Crematorium £70,000 £64,000 £40,000 - - £174,000
West Park NCCC (Special Expense) £36,000 £1,000 deficit £1,000 deficit - - £34,000
Customer Contact Centre
£1,000 £1,000 £1,000 - - £3,000
Additional Income - - - - - -
Car Parking - - £100,000 - - £100,000
Green Bin Scheme £100,000 £100,000 £100,000 £100,000 £100,000 £500,000
Green Bin Scheme (second and subsequent price increase) £69,000 £71,000 £75,000 £81,000 £85,000 £381,000
Bingham Enterprise £8,000 - - - - £8,000
Cotgrave Phase 2 £6,000 - - - - £6,000
Savings - - - - - -
Home Alarms Digitalisation £15,000 deficit £6,000 - - £2,000 £11,000 deficit
Marketing Services £10,000 deficit         £10,000 deficit
Public Conveniences £1,000 - - - - £1,000
Digital Bin Calendar £6,000 - - - - £6,000
Total £386,000  £726,000  £522,000  £181,000  £183,000  £1,998,000 
Cumulative Savings to date £6,658,000 £7,044,000  £7,770,000  £8,292,000  £8,473,000 
Cumulative Savings carried forward £ 7,044,000 £7,770,000  £8,292,000  £8,473,000  £8,656,000 

 

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