The alarm bells are ringing at Somerset Council – Andrew Gwynne
Conservative-run Somerset Council has warned that the authority is on the brink of following Northamptonshire Council into bankruptcy.
A report issued to Somerset Council yesterday noted that it may be necessary for them to issue a Section 1141 if their £12.1m deficit is not addressed.
Demand for children’s services is higher than last year, forcing the council to approve the use of £5m of their £7.3m contingency funds.
These funds are set aside to see the department through the year but only three-months into the financial year, the authority is predicting a £14.3m budget deficit in their children’s services.
Andrew Gwynne MP, Labour’s Shadow Communities and Local Government Secretary, said:
“The alarm bells are ringing at Somerset Council.
“A combination of Government funding cuts and huge increases in demand for children’s services are leaving many authorities struggling to cope – and now another Tory council is warning that these cuts may soon see it following Northamptonshire into bankruptcy.
“Some of the most vulnerable children in our society are being forced to pay the price for Tory austerity.
“The next Labour government will put an end to this neglect of our vital services, ensuring that every child gets the support they need.”