Local Government Finance Settlement 2020/21 and Financial Implications

Local Government Finance Settlement 2020/21 and Financial Implications Image

Dundee City Council could be faced with making savings of Β£16.8 million to achieve a balanced budget for the financial year 2020-21.

As the council prepares to set its budget on March 5, councillors will be presented with a detailed breakdown of the authority’s financial position.

A report on the Local Government Finance Settlement 2020/21 and Financial Implications for the City Council details the proposed grant allocations from the Scottish Government and outlines the challenges faced by the council.

The report to the policy and resources committee on Monday February 24 explains how administrative and technical savings identified by officers will help to reduce the Β£16.8 million savings requirement.

Councillors will also be told that the council’s ongoing financial strategy for 2020 to 2030 includes undertaking a review of resources to look at ways to deliver services more efficiently and effectively.

The strategy also outlines how there is likely to be a β€œsignificant reduction” in the workforce of the council, and how this is being managed through voluntary early retirement and voluntary redundancy.

Further, the reduction of grants that the council receives will be shared by all directly provided and commissioned services, including health & social care, Leisure & Culture Dundee and the third sector.

Depute policy and resources convener Councillor Willie Sawers said: β€œThis report lays bare the difficult financial position the council faces and how we are trying to tackle it.

β€œThere are no easy solutions and we will be faced with some very difficult decisions to make.

β€œHowever, we are focused on improving life in the city for the people of this city.

β€œPeople rightly want more jobs which pay a decent wage, they want high quality services, new housing, good quality schools and they want facilities that we all can be proud of. We do too.

β€œOver the next 12 months, Dundee City Council will focus on continuous improvement and to ensure that our bold and ambitious plans meet the expectations and requirements of all the people who live here.”                           

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