You may have seen claims that renaming a road in north London has cost the local council over £180,000. That figure’s based on a 2021 estimate, but the council now says the total cost is unlikely to exceed £100,000.
However, Haringey Council told Full Fact that this number was a two-year-old upper estimate of the total cost that could be required, and that actually, it was now highly unlikely to exceed £100,000.
Councillor Peray Ahmet said: “I want to be clear that this [more than £180,000] figure was an upper estimate of the total cost that could be required two years ago. In reality the cost has been significantly lower than this. “The vast majority of the funds that have been set aside for this project is for the voluntary payments of £300 per household which we are making to residents of La Rose Lane in recognition of the inconvenience that the name change may cause. The final cost will depend on how many residents opt to take up this offer, but is highly unlikely to exceed £100,000.
£50,000 for “support and administration officer equivalent FTE [full-time equivalent] grade PO1 , assuming top of grade including on-costs for maximum 1 year, figure provided is estimated maximum” £50,000 for “legal advice / 1 to 1 support to residents / organisations for their particular circumstances”£5,000 for “replacing x4 street name plates, assume double cost for ‘formerly Black Boy Lane’ removal also £600 x 4 x2 rounded up”We don’t have a breakdown of what costs are now expected to be, so don’t know which of these costs are still likely to be incurred, other than the inconvenience payments which will still be offered.
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