When we pay local taxes like council tax, parking charges and business rates, how does this money get spent? As well as paying towards schools, hospitals, emergency services and rubbish collections, this money also helps to pay for the heritage buildings in our towns and cities, as well as local tourism and events, and amenities like street lighting, libraries and swimming baths. Local governments often have Local Development Plans that show how they intend to improve the region for citizens, and to help fund this they make look to external investors who want to develop buildings and structures in the city.
Local high streets are a crucial part of communities and neighbourhoods, but there is often much discussion about the best ways to encourage consumers to shop locally. Museums, galleries and theatres may also have to rely on other sources of funding to attract visitors. We can ensure that the work we do is the most efficient way to spend this money and improve the lives of local residents.
Some city finances clients include local governments, external investors, local pressure groups, and business communities. Roles in city finances include Contracts Management, Building Surveying, Heritage Specialisms and Building Services and you’ll find out more about these during your work experience. By completing this module you will start to develop some of the skills needed for these roles and develop a clearer picture of whether this area of construction is right for you.
In this virtual work experience theme you’ll be looking at Tourism, Heritage Buildings and Local Government Facilities.
About the instructor
Some New Words and Phrases
Extra Information about Construction and City Finances – optional
Extra Resources for your Topic – optional