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CSR headlines

CSR headlines. 28% fall in council (non-school) budgets £7bn grants unringfenced 16 community budget areas + rollout Prudential borrowing retained, but more expensive Overall capital funding cut by 45% £700m for a 2011-12 council tax freeze. What does this mean?.

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CSR headlines

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  1. CSR headlines • 28% fall in council (non-school) budgets • £7bn grants unringfenced • 16 community budget areas + rollout • Prudential borrowing retained, but more expensive • Overall capital funding cut by 45% • £700m for a 2011-12 council tax freeze

  2. What does this mean? • An overall funding shortfall that is two to three times as great as that in CSR07 • Frontloading of cuts means that councils expected to find savings in Year 1 that exceed total savings in past 4 years • Conventional transactional savings cannot come close to meeting this gap

  3. The challenge Public services will have to: • cost less • be more effective • promote choice and diversity - and the Big Society? • cost less. Real savings are only available if we radically reform the way public services are run.

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