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£980,186 proposed reduction to the council s contribution to the transformation reserve ( spend to save schemes)
Saving £1.8m by postpone the coastal protection scheme for the Cowes and Gurnard seawall
Reduce the increase in crematorium and cemetery fees to two per cent
Retain £31,000 support for local councils
Stop cuts to opening hours at Newport s Lord Louis Library
Savings programme over the next three budgets, to achieve £11.8m
Island Independent Group (IIG) plan.
£300,000 sustainable transport fund
£20,000 citizens engagement fund
£225,000 empty property regeneration fund which would provide interest-free bounce back loans
£35,000 worth of support for local town, parish and community councils
Scrap the £300,000 investment for average speed cameras
THE Our Island group has drawn up a series of alternative budgetary proposals to those released by the Isle of Wight Council. The group says on Wednesday, February 24, the council will meet to debate and pass one of the worst budgets the Island has seen in years. Covid has affected many aspects of the Island s economy, wellbeing and future and that was laid bare in the Isle of Wight Council s budget proposals, revealed earlier in the month. Underpinning many of the decisions was, in council leader Dave Stewart s words, the need to rebuild our Island Economy with a clear plan of recovery from the impact of Covid-19 .