News: Rotherham Council finances “dire”
The lead commissioner at Rotherham Council has warned that the authority’s finances remain “dire” and the estimate of the savings it needs to make in the next three years has increased from £40m to £48.1m, with 500 jobs set to go.
A number of budget saving ideas and ways to increase income are currently going through Council channels as the Authority prepares its budget for next year and beyond.
The latest comprehensive list of proposals sets out that £41m was the target to be saved over the next three years from 2016/17 based on a 9% reduction in Settlement funding from central Government per year.
A council report now states that there “are a number of additional unavoidable or essential service pressures which have been identified in the coming years” that could add up to a further £6.5m to the budget challenge in 2016/17 and could be repeated up to this level in the future years.