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Tom Macgee pandemic Gap Target Tom Macgee

‘It’s a massive amount of money’ - fears spiralling costs could hit council already facing £20m budget gap

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Stockport’s council’s finance chief has warned that spiralling costs could have a ‘massive’ impact on the council’s next budget.

The authority is already facing a £20m financial black hole, although bosses have identified £10m in cuts to close this. A combination of council tax, reserves and, potentially, further ‘savings proposals’ are set to fill the remaining gap.

The government’s decision not to confirm its 2022/23 ‘funding settlement’ for councils until December 15 - ‘almost the last day’ possible, according to Councillor Tom McGee’ - has already caused bosses a problem. READ MORE : Stockport council targeting £10m cuts as it aims to recover from 'unprecedented' financial impact of Covid pandemic But while this delays the council’s

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Tom Macgee pandemic Gap Target
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