Po­ten­tial £187m gap in coun­cil bud­get

The Oban Times - - Lochaber Times -

THE HIGH­LAND Coun­cil has re­vealed it is fac­ing a po­ten­tial £187 mil­lion bud­get gap over the next five years.

At a full meet­ing of the High­land Coun­cil to­day (Thurs­day June 29) coun­cil­lors will hear of the £130 mil­lion to £187 mil­lion gap fac­ing the lo­cal author­ity.

In a re­port to the High­land Coun­cil, fi­nance di­rec­tor Derek Yule said: ‘ While this is not an ab­so­lute po­si­tion it does demon­strate a sig­nif­i­cant and wors­en­ing fi­nan­cial po­si­tion.’

He will tell High­land coun­cil­lors that one of the main chal­lenges fac­ing the coun­cil over the next five years will be a ‘lack of fi­nan­cial re­sources’.

Mr Yule claims the coun­cil needs to ‘con­sider the im­pli­ca­tions’ of re­duc­ing its cur­rent an­nual cap­i­tal spend from around £100 mil­lion to £ 55 mil­lion to ad­dress fi­nan­cial chal­lenges.

It is not yet clear what ser­vices may be ef­fected by po­ten­tial cut backs.

Newspapers in English

Newspapers from UK

© PressReader. All rights reserved.