Modelling by council finance chiefs suggests there is a £16.3 million budget gap for next year, and a cumulative gap of £43.4 million – which could rise higher. Cllr Thomas added that “overall” inflation has fallen but prices are not reducing but rather “rising more slowly”. OTHER NEWS:“Our work has gained momentum over the summer months," Cllr Thomas added. She said that while Powys reserves have increased the council is in the “bottom quartile” when compared to other Welsh local authorities. Cabinet member for a connected Powys, Liberal Democrat Cllr Jake Berriman said: “This makes sober reading.
Source: The Times September 20, 2023 14:51 UTC