We have to identify almost £10 million in savings (cuts) to balance our budget for 2024-25. All Councils are facing a set of unprecedented financial challenges to balance their budgets for 2024-25 and the next few years. It is estimated that there will be a £395 million shortfall in funding for Welsh local authorities in the next 2 years alone.
The Council is facing a range of financial pressures which has resulted in a significant funding gap. We have put together a series of savings and efficiencies proposals to try and address this shortfall, which we’d like your opinion on.
These proposals include changes to services, potential income generation and an increase in Council Tax.
The Council’s final budget will be decided by councillors in February.