A council has revealed it needs to cut more than £60m of spending next year – with 300 full time jobs at risk.
A council has revealed it needs to cut more than £60m of spending next year – with 300 full time jobs at risk.
The situation means the council's latest plan features a variety of different cuts to get to its target. Any such move would allow the council to sell Shirehall – raising useful capital receipts – and also cutting the onerous costs of running a building it says is no longer fit for purpose. As the council struggles to make all of the £50m savings for this financial year it may have to use up to £10m of reserves to meet the shortfall – potentially reducing its reserves fund to little more than £6m.
Ben Jay, the authority's assistant director for finance and IT, said that 77 per cent of the council's daily spending now goes on adults and children’s social care services – both services that must be provided by law to protect the vulnerable. "There are more than 100 proposals for making the savings that the council must make and these will be presented to cabinet next week.
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