Our budget

What we have already done

Haringey Council has seen a 40% real term reduction in government funding since 2010.

This has already resulted in £160 million of savings been delivered.

Your council is much smaller now. We have 45% fewer staff and occupy 12 fewer buildings.

We need to save £20m

The reduction is set to continue up until 2020/21 when a new system of local government funding will be introduced, allowing councils to retain income from business rates. We expect our funding to level-out rather than go up.

The continued reduction in government funding, coupled with rising costs of meeting increased demand in areas like adult social care, children’s social care and temporary housing, means that we have to save around £20 million over the next two years.

We are trying to meet this budget gap while still delivering our ambitions for Haringey as set down in our Corporate Plan, Building a Stronger Haringey Together.

2016/17 spending

This is how much your council was budgeted to spend in 2016/17 and how the money is allocated:

AreaBudget allocation

Council budget allocations 2016/17:

Adult Social Care

£67.2m

Children and Families

£46.2m

Loans and Levies

£44.3m

Safer and Cleaner Neighbourhoods

 

£27.2m

Democracy and Support

£25.6m

Healthier Living

£18.5m

Investment Jobs and Growth

£15.6m

Libraries and Customers

£7.3m

Housing Strategy and Support

£3.7m

Funding assumptions

These are our funding assumptions over the next two years:

YearAssumed funding
Funding assumptions:
2016/17£255.627m
2017/18£244.112m
2018/19£242.459m

Projected cost of adult care packages and direct services

At the same time as our budget is being cut, more people are coming to us needing help in areas like adult social care and emergency housing. Unless we change the way we do things our overall spend in Adult Social Care is set to go up from £61 million in 2013/14 (one in every £4 we spend) to £91 million by 2018/19 (nearly one in every £3 we spend).

YearCurrent budgetTrajectory of spend
Projected costs of adult care packages and direct services:
2016/17£59.027m£74.974m
2017/18£50.539m£78.390m
2018/19£50.539m£82.194m
2019/20£50.539m£86.341m
2020/21£50.539m£90.889m
2021/22£50.539m£95.859m

 


Your Haringey Your Future: Introduction | Our budget | Our priorities | Pre-budget findings | Budget proposals | Have your say


Page Last Updated:

15 December 2016

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