Three GM councils to be out of pocket by £100m due to 'black hole' in finances

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Three GM councils to be out of pocket by £100m due to 'black hole' in finances
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The councils have projected budget deficits in the millions for 2025/26

Three councils within Greater Manchester will need to make savings of more than £100m collectively due to a 'black hole' in finances.

Every single council in Greater Manchester has committed to use up their financial reserves in order to balance the budget for 2023/24. A Manchester City Council spokesperson said: "Since 2010 we have had to make more than £428 million of savings to cope with unfair government funding cuts and pressures such as inflation and population growth which government funding has failed to keep up with.

Salford The predicted cumulative shortfall for 25/26 at Salford City Council is £36.35m, which is 14.9 pc of the net budget. This means the predicted deficit per person is £134.24.

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