North Northamptonshire Council faces £13m overspend

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North Northamptonshire Council faces £13m overspend
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It has said if these pressures are not mitigated it will pose a 'significant financial risk'.

North Northamptonshire Council has warned residents it is facing a major overspend on its budget. The council said increased pressures from demand-led services are driving up costs.

Councillor Lloyd Bunday, executive member for finance and transformation, said at the meeting: "The biggest risk to this council is the challenge of our demand-led services. Although this issue is being reported by many councils around the country this should not be an excuse to hide behind."Cllr Bunday said the main pressure relates to the costs from Northamptonshire Children's Trust .

He also said that the NCT is forecasting that £4.1m in efficiency savings are at risk of not being delivered, which could increase the overall spend of the service to being £27m over budget. As much as £700,000 of reserve funds have already been used to try to mitigate some of the costs. Other services that have estimated overspends are the housing revenue account for £15k and a £2.2m in adult social services.

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