Jump to content

Recommended Posts

According to the Lib Dems, Southwark Council have 86 MILLION POUNDS of tax payer?s money in reserve for a rainy day.[/b] I THINK THAT RAINY DAY IS HERE NOW. It is after all, rate payer?s money, how long do they have to keep saving our money, whilst increasing our rates, year in and year out. Its money that can be spent back, on the rate payers, on front line services, and reducing taxes.

Nine out of 13 elderly day centres are being closed, the buses for the disabled people are being stopped and they now have to travel on Public Transport, these people are DISABLED and seriously ill, where are the brains of these politicians. All the Governments have got us in this mess, and yet with constantly rising prices, they expect the people to suffer more for their mistakes. And to top all that up, they want to keep 86 MILLION pound in reserve, FOR WHAT.? Let?s have some uproar about it all, perhaps other people would like to add their views as to the cut s and Southwark?s Reserve.

Link to comment
https://www.eastdulwichforum.co.uk/topic/16310-front-line-service-cuts/
Share on other sites

?700m debt - easy.


Don't collect rents properly for years.


Fudge the budgets, roll over "overspends" and assume illusionary savings some time in the future


Borrow to fund capital projects against poorly thought out business cases that don't repay as planned.


Use capital receipts to fund revenue spending - then carry on spending when the capital runs out as it's harder to admit the truth and cut spending to match income.


Fund politically popular but costly projects that cannot be afforded but that will win votes at next election.


Pretty standard actions for many local authorities - of course you have to work hard or be supremely optimistic [idiotic] to reach ?700m - but Southwark has done it.

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
  • Latest Discussions

    • Apparently there was a motorcade on Lordship lane about 40 mins ago. Did anyone see it? Two blacked out 4X4, with police convoy. I'm intrigued...
    • Harrow.  I wish that I had done more before Covid, including putting my name forward as an executor and seeking power of attorney.  I performed the latter for my later mother, and with no executor named in her will I did probate and executed her will, all very straightforward as financial affairs all in order particularly due to the work of my sister who managed our mother's accounts. But from 2020 onward it was difficult to tell someone who was very frail she needed to change her will etc. There's a further tail about the 'friend' of my aunt who gets around 90% of the estate, and some manipulation of my aunt's finances by this friend.  Police wont get out of bed for a million or so for fraud cases so didn't go to them.
    • Is he local to South London? My father made his solicitor the executive. I, for many years had Lasting Power of Attorney to deal with all his finances including liaison with his bank and payment of his care home fees. I was also responsible for the sale of his home to release funds for care home fees. When he died, I notified the solicitor, obtained the death certificate and organized the funeral, cleared his care home of his possessions . Myself and my cousin were beneficiaries but my father had left a small sum of money to a man in the Midlands whose name was unknown to all of us including my step mother. It  took around 9 months for solicitor to establish that this gentleman had been deceased for a number of years . This obviously put additional charges onto the fees.
Home
Events
Sign In

Sign In



Or sign in with one of these services

Search
×
    Search In
×
×
  • Create New...