Lambeth Council's financial strategy includes closing children's centres and increasing parking charges to address a £50 million shortfall, as homelessness costs balloon due to soaring accommodation needs.
Councillor David Amos remarked on the gravity of the situation, calling it the 'worst ever funding crisis' facing the council, driven by a £69 million savings requirement over four years.
With temporary accommodation expenses rising sharply, Lambeth Council spends £250,000 per night to house approximately 4,600 homeless families, a staggering increase of 50% in just two years.
As part of its new housing policy, the Labour cabinet aims to increase the priority of families in temporary accommodation, hoping to reduce heavy reliance on costly nightly stays.
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