Town bosses bid to plug £6.4m budget gap
Residents in Trafford are being faced with a council tax hike of at least 4.99 per cent as town hall bosses bid to plug a £6.4million budget gap in the next financial year. And the council’s finance chief has issued a stark warning over proposals for savings which ‘may require consultation with the public, businesses and staff’ before the end of this month.
READ MORE: The man living in a tent in Greater Manchester with nowhere to go and nobody willing to help him find a homeMr Bentley said the final decisions will be taken by the executive after taking into consideration further proposals to address the gap, all relevant matters and feedback, at which time a proposed budget will be put to full Council for approval on 21 February 2024. He has recommended a 4.99pc increase in council tax, including 2pc for the adult social care precept and a 2.
He said the council’s net expenditure on children's social care is forecast to be overspent by £1.7m in 2023/24, adding: “Whilst a number of mitigating expenditure controls have been introduced, if this position is sustained, then this will lead to an unplanned use of budget support reserves which would negatively impact on the financial stability of the council.”
"We will always do the best we can but we are currently operating with one hand tied behind our back. We need a fairer funding settlement so we can continue serving our residents, businesses and communities.”
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