Thursday, 13 March 2014

HBC to lose 44% of coalition government grants by 2015

Recents reports state that Hyndburn will see the biggest cut in funding from Government of 6.2 % but this is not the true picture.

Hyndburn Borough Council received in 2013/14 current year £7,873,704 and are set to receive £6,838,208 for the following year, a 13% reduction of £1,035,496. Projected figures for 2015/16 assume a grant of£5,756,268, a further reduction of £1,081,940 which is another 15.8% less.

In 2010/11, Hyndburn received £10.16 million but by 2015/16 the Council will have seen a decrease in funding of £4.4 million or losing 44% of funding in just under six years.

Labour Council Leader, Miles Parkinson, said, "I and the other cabinet members have set our budget and our goal remains to protect frontline services but these reductions will have impacts again this year on certain services and employees, if we protect one service then another is impacted worse."

Cllr Parkinson has been lobbying ministers and for an efficiency support grant but Hyndburn has been denied the full amount so far because the Council has supposedly not gone far enough, despite savage cuts.

He added, "We have done much this year to share services with other authorities, departmental restructuring and closely looking at our expenditure and income streams. We have been able to set 0% rise on Council Tax in Hyndburn for residents who are continuing to see their living standards decrease year upon year, even though we are the worst affected."

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