As many of you may have know Lambeth’s core government funding will have been cut by 56% between 2010 and 2018 and since 2011, the Council has identified £182m of savings – including more than £40m this year – while a further £55m needs to be found by 2020.
If you’d like to find out more about the current financial challenge which Lambeth Council faces see – http://love.lambeth.gov.uk/toughchoices/budget-figures/
There are a number of informative graphs and pie charts and a section on frequently asked questions that may help residents understand the financial situation the Council is in.