Blackpool council warning after it overspends by £10m

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Blackpool council warning after it overspends by £10m
Danmark Seneste Nyt,Danmark Overskrifter
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Warning issued 👀

The main overspends in 2022/23 are in Children’s Services due to high care costs for some children, and in Growth and Prosperity due to delayed projects. In 2021/22 the budget overspend was substantially less at £218,000 but was offset by Covid grants, while borrowing costs have also gone up this year.

A report going to the council’s executive on Monday June 12 adds: “This income is likely to be obtained in 2023/24.” Increased borrowing costs of £1.5m have also contributed to the £5.9m overspend. It comes after Children’s Services overspent by £4.4m in 2021/22. Adult care has overspent by £1.8m with pressures including an increase in demand for short term care packages.

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