Bexley council predicts 'frustrating' £2.2 million budget gap - but far smaller than some of its neighbours

Bexley council predicts 'frustrating' £2.2 million budget gap - but far smaller than some of its neighbours

Bexley Council predicts it will be £2.184m over budget at the end of the financial year while neighbouring Greenwich fears a £45.1m overspend

Council forecasts £2.2m budget gap

Bexley Council is forecasting just a £2.2 million overspend on its budget this year, far less than some other London boroughs. Neighbouring Greenwich is currently staring at a £45.1m budget gap and Bromley an £18m one, while Hillingdon Council has “basically run out of money” according to one of its cabinet members. An updated report on Bexley’s finances was presented to its cabinet on October 23 in which it was revealed that the council had act…