The Cuts at Cornwall Council
Yesterday we had our first Budget under the new Coalition Government. Depending on your political view point you agree, disagree, or you just want to know how much money you might lose once you made sense of all the figures.
Cornwall Council has already been informed by the Government of further cuts. These amount to £13.668 million in Government grants, and include both capitol and revenue grants. That’s quite a chunk of money to lose in anyone’s books
It could get worse. We could expect a further 20%-25% in grant cuts as announced yesterday in the Budget. That’s not to mention the spending reviews taking place by the Government of Isle of Scilly Link, Building Schools for Future and road improvements over at Camborne/Pool. It is worrying to say the least.
Tough times are indeed ahead.