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.
This is how much your council was budgeted to spend in 2016/17 and how the money is allocated:
Council budget allocations 2016/17:
Adult Social Care
Children and Families
Loans and Levies
Safer and Cleaner Neighbourhoods
Democracy and Support
Investment Jobs and Growth
Libraries and Customers
Housing Strategy and Support
These are our funding assumptions over the next two years:
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).
Projected costs of adult care packages and direct services:
|Year||Current budget||Trajectory of spend|
Your Haringey Your Future: Introduction | Our budget | Our priorities | Pre-budget findings | Budget proposals | Have your say