Will LBE Labour now stop bleating "It's the Tory Cuts!", and stop spaffing our money?!
I doubt it, it's SO convenient to ALWAYS be someone else's fault, and not their own woke political posturing and Gross Incompetence..........."Hammersmith and Fulham Council has revealed it spent £0.3 million less in 2023/24 than expected despite challenges including inflation and uncertainty over Government funding."The West London council which managed to save more than it spent despite ‘challenges’The cabinet member for finance and reform said the council achieved the surplus at a time most local authorities are experiencing a ‘difficult’ timeHammersmith and Fulham Council has revealed it spent £0.3 million less in 2023/24 than expected despite challenges including inflation and uncertainty over Government funding. The local authority said the budget surplus has been achieved while simultaneously preserving front-line services and boosting investment in areas from fly tipping to temporary accommodation.The funds have been added to the council’s general balances. The surplus was revealed in the council’s Provisional Revenue Outturn Report 2023/24, presented to Cabinet last week, in which details were provided on both its General Fund and Housing Revenue Account (HRA) for the last year.Cllr Rowan Ree, Cabinet Member for Finance and Reform, said while councils across the country are experiencing a ‘difficult’ time, residents in Hammersmith and Fulham can be reassured the local authority is managing its finances in a ‘prudent and sensible way’.READ MORE: London council expects huge drop in money made from parking largely due to clean air schemesThe council had previously projected an overspend of £1.5m for the financial year for its General Fund, for which the £0.3m surplus was recorded. The position is still subject to audit, with council officers noting the review of the balance sheet ‘continues’.According to the report, the council, similar to many others, recorded higher than anticipated costs in areas including housing, providing specialist support and independent living, and the public realm. Increasing demand for temporary bed and breakfast accommodation in particular affected a departmental division labelled ‘housing solutions’, which reported an overspend of £2.3m.'Uncertainty around levels of government funding'Council officers wrote: “The strategic operating environment in 2023/24 was very challenging with demographic, legislative, macro-economic pressures not experienced for a long time. There continues to be cost pressures arising from increasing demand, rising inflation and acuity of need."These pressures have been experienced across statutory services in Adult Social Care, Housing Solutions (temporary accommodation) and Children’s Services. This has been worsened by the needs of an ageing population and the ongoing cost of living crisis. This is against a backdrop of uncertainty around levels of government funding and continuing annual grant settlements that restricts financial planning and resilience.”Positive variances were however recorded in a number of areas, with underspends noted for divisions such as children’s commissioning, and greater income than anticipated from planning and returns from cash balances, among other highlights.'We were able to do this while protecting frontline services'Commenting on the budget surplus at last week’s meeting, Cllr Ree told his fellow Cabinet members: “We were able to do all this whilst protecting frontline services, avoiding cuts to the services that residents rely on, as well as maintaining all of those things that make Hammersmith and Fulham such a unique borough to live in, things like free adult social care, things like free meals for school children, things like the law enforcement team and our comprehensive council tax support system.”In a council newsletter, Cllr Ree wrote the surplus was achieved against the backdrop of 14 years of Government austerity, ‘which saw our funding cut by 54 per cent in real terms’.“The budget surplus means that we are adding to our reserves, putting money aside for a rainy day, at a time when most councils are using theirs to balance the books,” he added.Get the biggest stories from around London straight to your inbox. Sign up to MyLondon's The 12 HERE for the 12 biggest stories each day.SOURCE: https://www.mylondon.news/news/west-london-news/west-london-council-managed-save-29943257?ruid=658bb50f-471b-4eae-82c4-7055b920f5ae
Rosco White ● 133d0 Comments ● 133d