Collaboration News, Jobs and Events

17 July 2017

Council could save £110m through transfer of parks to trust

Plans to transfer the responsibility of parks and green spaces to a charitable trust in Newcastle would save the council £110m over a 125-year lease agreement. A new report into the proposal has revealed that the trust would need £9.7m to help maintain the parks for ten years until they become self-financing.

If the plans are approved, it would make Newcastle the first council in the country to transfer its parks to a charitable trust.

Read more >>>