An agenda issued ahead of a meeting next week also contained an unreserved apology for uncertainty caused by the authority’s financial situation.
A report has warned that cash-strapped Birmingham City Council faces an urgent ‘redesign’ likely to require asset sales, cuts to staffing levels and an increase in local taxes
An executive summary of the report, contained in an agenda published ahead of an extraordinary council meeting next Monday, also said the authority is likely to require “exceptional” financial support from central government.The summary stated: “The council must now agree and implement a financial recovery plan which balances our expenditure with our income, and funds or finances our liabilities.
“Throughout this we must remain focused above all on our citizens, protecting our vulnerable residents and communities, and must always put their needs first.” The authority does not have sufficient resources to cover the potential liability and has also identified a budget shortfall for the current financial year of £87 million, which is projected to rise to £165 million in 2024/25.
“It is committed to ensuring that citizens, partners and our own staff are regularly updated on the current situation and its future implications. But it added: “Our organisational shape and size is now out of balance with our income. We must therefore redesign our organisation around citizen needs in a way that fits our future budgets.
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