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Verulamium Park Management Plan 2012-2017 v2.1

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3.4 Budgets<br />

The Councils financial year is 1 st April to the 31 st March. The net budgets for<br />

the next three years are shown below and cover all aspect of routine<br />

maintenance and repairs in the <strong>Park</strong>:<br />

2013/14 £177’083<br />

2014/15 £177’570<br />

2015/16 £179;759<br />

The Council has a Sustainable Procurement Policy, and this contract operates<br />

under this policy. Additional works in the <strong>Park</strong>, outside of the contract, are put<br />

out to tender with Local specialist companies. This assists local employment<br />

and promotes competitive pricing.<br />

Chapter 4 The Community Context<br />

The <strong>Park</strong> is not only a key green space in the District but it also contributes to<br />

a better quality of life for residents and visitors alike. The CABE report below<br />

shows why this is so important.<br />

4.1 The Value of Public Spaces for our Community<br />

The CABE Space document highlights the value of existing open space,<br />

quoting that over 2.5 billion visits are made each year to urban green spaces.<br />

It states that despite the importance placed on open spaces, and the impact it<br />

has on our lives, a large proportion of these open spaces can be neglected<br />

and taken for granted.<br />

It indicates that the value that open space brings to an area is split into areas<br />

including:<br />

• the impact that a high quality public environment can have on the<br />

economic life of urban areas;<br />

• the important role open space can play in addressing the increasing<br />

obesity and health problems of the nation - open spaces helping to<br />

improve both physical and mental health through encouraging walking,<br />

participation in sport and the enjoyment of a green and natural<br />

environment;<br />

• open space is crucial to child development, and good quality open spaces<br />

can contribute to this development, providing opportunities for fun,<br />

exercise and learning;<br />

• open space can offer the potential for meeting spaces; and<br />

• open space can enhance the cultural identity of an area and can be seen<br />

to provide a sense of place for local communities.<br />

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