Haringey's council finance officials are under scrutiny as they address a projected £32 million budget shortfall for 2025/26. The council has requested £37 million in exceptional financial support from the government to manage increasing demands for adult social care and temporary accommodation. The draft budget hinges on the approval of this funding, as it lacks a balanced budget without it. Discussions have emphasized the severity of the situation, and committee members are concerned about potential implications if the support is denied.
Cllr Carlin stated that the Government encouraged councils facing financial difficulties to make applications for exceptional financial support to avoid bankruptcy.
Taryn Eves explained that the draft budget for 2025/26 relies heavily on the approval of the EFS application, as the council cannot set a balanced budget otherwise.
Collection
[
|
...
]