Sunday, 22 March 2015

HBC: Medium term financial graph shows scale of Government cuts in Hyndburn

A graph in the latest HBC Cabinet report on the Medium Term Financial Strategy shows the steep cuts which have been imposed on Hyndburn Borough Council since 2010 and will leave the authority with around 60% less money by 2017.

Cabinet member for Resources, Cllr Gareth Molineux, said, "The figures beyond 2015/16 are estimated based on a number of assumptions regarding predicted cuts. Figures for 2010/11 to 2012/13 have been adjusted historically for Council Tax Support which was not included during these years but was added in 2013/14."

The latest report on the HBC finances can be found here:

Cabinet - Financial Position 2014-2015


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