24 June 2022
Your request
Despite routinely carrying out important and vital work to support their communities, local councils are facing significant funding challenges. We are carrying out a Freedom of Information request to try and ascertain the scale of the funding challenge that local councils are facing in the medium-term future. Please can you answer the following questions:
- What is your current predicted funding gap by the end of the financial year 2023/24?
- What is your current predicted cumulative funding gap by the end of the financial year 2024/25?
- Has your council estimated the costs of reaching net zero greenhouse gas emissions? Yes / No / Don't know
- How much does your council estimate reaching net zero will cost? (Please state amount and any associated timescale) £______________
- Can your council access enough funding to be able to deliver your emission reduction ambitions? Yes / No / Don’t Know
Our response
Questions 1-2: The last publication of Lambeth's Medium Term Financial Strategy was as part of Budget Council that took place on 2 March 2022. We are currently preparing an update for Cabinet in July.
Questions 3-5: The estimated costs are included in Lambeth's Climate Action Plan agreed by Cabinet on 21st March 2022, work is ongoing to refresh these estimates and identify funding solutions.