Below-average increase in funding for Somerset Council branded 'utterly disappointing'
Bill Revans has spoken out as the local authority is expecting to be £3.9 million worse off than other councils, despite being in a financial emergency
Last updated 21st Jul 2024
Somerset Council's leader, Bill Revans, has called the funding settlement for the local authority 'bitterly disappointing'.
It's as it's been confirmed they'll be getting a below average increase, meaning they'll be £3.9 million worse off for the next financial year.
As part of Monday's Local Government Finance Settlement, that equates to a rise is at 6.1 per cent - despite other councils being handed a 6.5% boost to help them balance the books.
That's mainly due to reductions in Service Grant of £2.8m, reduction in New Homes Bonus of £1.9m partially offset by a slightly higher increase in Social Care Grant of £800k above our forecast.
Cllr Revans said: "This is bitterly disappointing. We put together a strong case for emergency funding to address our financial emergency, caused by massive rises in social care costs. Sadly, the Government has chosen not to act.
"For some time, we’ve said the model for local government funding is broken – not only is this announcement too little but it’s also too late for us to effectively plan ahead.
"With huge regret, like councils all over the country, Somerset Council will have no choice but to raise Council Tax and consider severe reductions to public services.
"This is a further blow to our residents who rely on services and are already struggling during a cost of living crisis."
In November, Somerset Council’s Executive declared a financial emergency with a projected budget gap of £100m for 2024/25, due in large part to an expected increase of £70m in the cost of adult social care.
You're being encouraged by the Council to have your say on finances and council services.
The consultation is open to everyone and the results will help influence Councillors as they look to set a balanced budget in February 2024.
A link to the survey can be found here, or can be completed in libraries and council offices across Somerset.
The consultation closes on 22 January.
Read more: Report outlines 'stark and challenging' finances at Somerset Council