South Gloucestershire is in a “better position than most” councils despite facing a gaping £29 million gap in its budget next year. Council chiefs warned that some services could face cuts, but added the “situation could be much worse” given the current turbulent economy.
Next year South Gloucestershire Council needs to find £29.3 million to balance the books, due to double-digit inflation and increasing demand on local public services. Finance bosses have now begun drawing up next year’s budget, with more details to come later this autumn.
The budget will likely be signed off in February, a few weeks before the financial year begins in April. The council’s cabinet heard details of the draft budget for next year, at a meeting on Monday, October 10.
