Bexley council given £130,000 as part of property management programme
PUBLISHED: 15:25 04 January 2016
One Public Estate brings together all public sector bodies within a locality to pool data on asset holdings and develop joint plans to share property
Bexley council has joined over 100 other local authorities in the country as part of a programme aimed at improving the management of its assets.
The council has been allocated £130,000 as part of the One Public Estate programme which releases excess government land and property.
The programme, which is jointly run by the Cabinet Office and the Local Government Association (LGA), brings together all public sector bodies within a locality to pool data on asset holdings and develop joint plans to share property and release surplus land and buildings for other uses.
This will also release land and property which can be reused for housing and new enterprise, boosting local jobs, growth and house building.
Bexley and the other newly-selected councils will build on the current group of councils that took part in the first two phases of the programme, initially launched in 2013.
They will receive funding and practical support from the Government Property Unit and LGA, to remove bureaucratic red tape and unblock barriers.
Since its launch, One Public Estate has supported 32 of the largest land and property owning councils in England, which are set to create an additional 20,000 jobs and around 9,000 homes, raise £129 million capital receipts from land and property sales and save £77 million on running costs.
Matthew Hancock, the government’s minister for the Cabinet Office and Paymaster General, said: “The One Public Estate programme runs seamlessly through central and local government to save money for taxpayers, whilst delivering more efficient public services.
“It’s a very exciting piece of work that will support a record number of local authorities to be more ambitious and operate at a faster pace than ever before.”
With specific details of Bexley’s involvement still up in the air, the council was not prepared to comment at this time.