Council admits cuts will add pressure
CAMBRIDGESHIRE County Council has admitted that further Government grant cuts will put pressure on the authority.
The council saw its Area Based Grant (ABG) slashed from £33.8 million to £28.5 million following the first round of cuts by the Communities and Local Government (CLG) department.
As well as £2.98 million it lost in grants for areas such as education, £3.24 million of capital grants for roads, houses and infrastructure has also been cut.
The council will receive a total of £496 million in Government grants this year.
But – coming at a time of financial pressure on local authorities following the recession– the council says every penny counts and the authority has already pledged to save £80 million over the next five years.
Councillor John Reynolds, cabinet member for resources and performance, said: “We have already set out a vision of transforming the council and its services over the next five years, which would also see some savings of around £80 million.
“Our focus is on achieving this and preserving frontline services as far as possible within very tight financial restraints.
“These reductions will put further pressure on us but we have a strategy which will help us find ways to deliver these additional savings.”
The Government’s CLG needs to save £1.16 billion over the coming year.
However, the cuts announced on Friday only account for £451 million in revenue grant savings and £288million in capital grant savings, meaning more cuts could follow.