Croydon Council's financial struggles continue, exacerbated by escalating homelessness and social care demands, leading to significant public service cuts and tax increases. Mayor Jason Perry's administration, which promised to rectify the borough's finances, faces criticism for worsening the situation. The council is seeking a $136 million unprecedented government bailout and implementing a 2.99% increase in council tax alongside a 2% adult social care levy. As a result, Croydon's council tax will rise by 25% since Perry's election in 2023, highlighting the ongoing financial challenges the borough faces.
The ongoing financial distress in Croydon stems from rising costs in social services and homelessness, despite substantial cuts to public services and tax increases.
Mayor Perry's pledge to rectify Croydon's financial issues appears increasingly hollow as the council's financial outlook deteriorates under his leadership.
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