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Public resource management - Essay Example

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Name: Tutor: Title: Public Resource Management Institution: Course: Date Due: Introduction Over the recent years, Westminster City has been facing unforeseen financial pressure. This according to the Council’s financial reports is anticipated to prolong over the following two years due to increased public sector spending reductions, rising services demand and falling commercial income…
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Download file to see previous pages The Council plays a strategic role which is beyond the constricted confines of acting merely as providers of social housing. The Westminster Council Management has on the other hand, continually recognized the importance of local authority by getting involved in an outward looking approach and being part of the broader roles that range from social to economic perspectives (Hyman, 2010). The Westminster Council has at all times acted in various capacities as a facilitator, co-coordinator and as a financial source and delegate in acquiring the needed service from other stakeholders. In particular, the Planning and Housing Departments have worked well together by using their powers, part of which includes compulsory purchase aimed at attaining the match needed effort of reduced housing shortage outcomes. Beyond service delivery, Westminster is the centre of national government. This is reflected in the number of workers in the public sector, in the city. Tourism activities and entertainment related industries have been identified as potential employers. To this extent, serving as the economy’s driver, considering that Westminster is well known for its ever growing sector in the West End region. Market forces that are experienced globally have an impact on valuation, and availability of accommodation and this is well replicated in this city. This can be viewed in the way government regulations set to control council practices. To a large extent, they have been instrumental as they have worked beyond management of the Westminster Council as well as adopted policies of the Greater London Authority in determining the desired quality of affordable housing. Decisions made by the private sector landlords and investors can be influenced by limited extent by the local authority itself in seeking solutions to housing ills. It therefore, remains clear for the commission to direct its recommendations to these other targets within the Great London but in particular focus on Westminster City Council (Palmer, Kenway and Wilcox, 2006). Background Information Westminster was incorporated in 1911. The city’s progressive council is recognized for excellent performance in management and full delivery of services to businesses and the neighboring community. All this is achieved without additional help from either districts or taxing authorities (Hyman, 2010). The report explores layers of complexity that undermine the good intentions in solving housing problems. Apart form handling housing issues, Westminster Council is responsible in providing parking space, recreational venues, and library and water services to the residents aw well as waste collection services and security to the city dwellers. Budget Development Objectives Westminster, as any other organization, has its own consideration that has been behind repeated success and growth of the council. This has been an influential means of raising the council’s operational efficiency in the previous years. However, it is vital to realize that not any of the recognized ideas can be accomplished if there are no clear financial limitations built in the budgeting process from the beginning. In formulating a realistic budget, Westminster’s strategies are often based on four major dimensions. These are: The council management, planners and interested stakeholders have to identify ...Download file to see next pagesRead More
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