Haringey Council is an active participant in the Safety Valve Programme. This transformation programme is designed to assist local authorities in reducing overspending in their High Needs Block (HNB) expenditure and achieve an in-year balanced budget. Haringey has agreed to a Safety Valve deal until 2027-2028, with a range of projects aimed at improving outcomes for children and young people with SEND and delivering services within a balanced budget.
If successful, this will significantly reduce the projected deficit of £80m to £30m and draw down additional funding of £30m to clear the projected deficit.
As part of this programme, Haringey successfully secured a further £7 million capital funding to support the increasing new provision within Haringey.
Combined, this provides a total of approximately £16.4 million to invest in new or improved provision within Haringey.