I attended the Budget brief tonight by executive officers. 16:30-18:30 at Bootle Town Hall assembly rooms.
Some tough descisions to be made to service the massive cuts from the ToryLibdem Government to Local Government funding.
We have targeted £50.8m worth of cuts up to 2015. This is on top of £64million already made, £114.8 Million cuts per year from a controllable budget of £236m
Recently in the local press, Southport LibDem MP Simon Pugh sniffily claimed that the Council could use it’s “£40m Strategice reserve” to off-set the cuts. Chief Executive Margaret Carney explained that our strategic reserve is already accounted for and required to cover for possible insurance liabilities. So, as usual, another Libdem talking ill-informed balderdash.