The Government’s Autumn Statement is unlikely to ease pressures on the Isle of Wight Council’s budget, leader Phil Jordan has said in an update report.
Councillor Phil Jordan presented the statement to County Hall’s 39-member Full Council on Wednesday.
He said:
“Local authorities across the UK were awaiting the Autumn Statement and whilst we broadly welcome the approach for local authorities the reality is that is it unlikely to result in releasing pressure on the council’s budget, with much detail yet to be provided and unlikely to be clarified until the draft local government finance settlement in December.
“The good news is that the Ryde Town Fund and the Levelling Up Fund Round 3 grants for the council are to continue, but there will be changes for both and we await the final details on these.
“It is good news that the Household Support Fund has been provided for the 25/26 year and that there will be some additional funding through the UK Shared Prosperity Fund.”
Chancellor of the Exchequer Rachel Reeves’s 30th October budget announced £1.3 billion of extra funding for local authorities through the local government finance settlement, allocated for the next financial year.
National membership body the Local Government Association said in a briefing that the additional investment would help to meet some, but not all of the social care and homelessness support cost pressures currently facing councils.
A report presented to the Isle of Wight’s cabinet earlier this month showed County Hall is facing forecast cost pressures of £3.9million relating to adult social care, £2.4million involving children’s services and £400,000 in emergency housing accommodation.
Reeves also earmarked more than £4.5billion in extra local goverment funding covering areas such as special educational needs and disabilities (SEND), the Household Support Fund, Bus Service Improvement Plans, local roads maintenance and resource funding for homelessness pressures.
It won’t help the freezing pensioners who had their winter
Fuel allowance STOPPED!!
Council tax will still go up,paying more and getting less and less,and these buffoons will still award themselves a pay rise!
I heard on the radio this evening,
King Chaz who doesn’t pay inheritance tax
is getting a £45,000,000.00 pay increase
Lol
Let’s never forget we are all in this together
NOT!
The country takes the p*ss
Nothing to do with this topic.
I know that this council has agreed to put asylum seekers in Camp Hill prison. This will be all to do with money which they will waste again.
This Island will become infested with these people and totally ruin this place.
I hope the people of the Island stand up to these idiots who agree this madness!!