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Total Place pilot - Kent

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Annual public expenditure: £8.3bn

Focus of pilot: Asset management and rationalisation; improvement of customer service access and regeneration of two of the most deprived wards in the UK.

Cost of inspection: £7m

Conclusions

  • Kent’s public sector economy has abouts £5bn worth of assets, with annual running costs of about £300m.
  • An £40m of revenue savings are available through asset rationalisation.
  • Between £720m-£780m worth of savings are available through capital receipts over the next five years.
  • Between £200m-£280m net savings are available by smarter asset management.
  • Primary legislation would be required to set up a single body into which all assets would be transferred, and there would also need to be a shake-up of existing financial regulations to get maximum benefits.
  • Streamlining the way redundancy support is handled across the public sector could save £2.2m annually.
  • Areas of high deprivation and dependency, such as Margate Central & Cliftonville West, often have disproportionate public costs. Significant savings can be achieved through regeneration.
  • Inspection costs could be halved locally, while significant national savings are on offer, too.

Contact: robert.hardy@kent.gov.uk - 01622 221343

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