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Last Updated: Wednesday, 9 July, 2003, 13:08 GMT 14:08 UK
States debates 2004 budget
Coins
More cash is to be added to the "rainy day fund"
The cost of running Guernsey in 2004 will be more than �270m.

Politicians discussed the island's future needs and objectives in the most wide-ranging debate of the year covering every aspect of local life on Wednesday.

A 150-page policy and resource plan focuses on the spending requirements for each of Guernsey's States departments, including big spenders education, health and social security.

Advisory and Finance also wants to transfer �10m from the General Revenue Account to the Capital Reserve, with a further �5m added to the �147.8m "rainy day fund".

High priority

Housing also takes a high priority, with the presentation of an action plan for the six areas of the corporate housing programme.

The president of Advisory and Finance, Deputy Laurie Morgan, finished his summing up speech in the States debate shortly before 1300 BST.

He addressed a wide range of concerns, including Guernsey's policy on genetically-modified crops, the local housing market and the issue of checks on guest workers.

Deputy Morgan warned the States are going to find it increasingly tough to balance the need to control expenditure with the demands of the island's infrastructure.


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