Martin Ford 03 April 2023

Kent faces £50m overspend

Kent faces £50m overspend image
Image: Number1411/Shutterstock.com.

Past failures to deliver on savings targets cannot be repeated if Kent CC is to avoid a section 114 scenario, the council has been warned.

Cabinet member for finance, Peter Oakford, told a meeting last week the council’s predicted overspend for the 2022-23 financial year was £53.7m.

Part of the budget gap was attributed to the council only managing to achieve £36.8m out of an agreed savings targets of £51.6m.

Cllr Oakford said last year’s savings themselves included £10.6m that should have been delivered the previous year.

He said: ‘As we move into the next financial year, we have to achieve all the savings that we said we will because we cannot continue to bring numbers forward and rely on our reserves.’

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