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LGC celebrates LGPS rising stars

Two rising stars in the Local Government Pension Scheme have been recognised by the Local Government Chronicle. The LGC Investment Rising Stars awards ....

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Lincolnshire County Council: £1.9m underspend/ £4m budget gap


News.
Andrew Crookham, executive director for resources, said: “Local councils have played a major role in supporting our communities during the pandemic, and this has meant many unforeseen costs.
“However, the government has provided additional funding, and our current projections suggest we will underspend by around £1.9 million this year.
“We will shortly be beginning our budget-setting process for next year, and we currently estimate there will be a budget gap of around £4 million.”
Cllr Martin Hill, leader of Lincolnshire County Council, added: “The council will need to address how we balance the books as we go through our budget setting process for next year. ....

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County council saved £1.9m this year, but has a £4m budget gap for 2021


County council saved £1.9m this year, but has a £4m budget gap for 2021
Leader assures they have reserves
County Hall on Newland in Lincoln. | Photo: James Mayer for The Lincolnite
Lincolnshire County Council will underspend by £1.9 million this year, but still has £4 million to find for 2021’s budget gap.
Andrew Crookham, executive director for resources, said: “Local councils have played a major role in supporting our communities during the pandemic, and this has meant many unforeseen costs.
“However, the government has provided additional funding, and our current projections suggest we will underspend by around £1.9 million this year.
“We will shortly be beginning our budget-setting process for next year, and we currently estimate there will be a budget gap of around £4 million.” ....

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