With increased financial pressures over the last few years, Cardiff council now have to make up an almost £50 million budget gap next year to stay afloat. Councillors have said that there are some difficult decisions to be made, but no plans have yet been announced.
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00:00Councils all around the country have been struggling. Soaring costs and financial insecurity
00:05have meant serious hardships for many local authorities, and Cardiff Council is no different.
00:11In the most recent projections, Cardiff Council could face a massive budget gap of almost
00:15£50 million, with longer-term gaps over the next few years of over £140 million.
00:22The Council's Cabinet Member for Finance, Modernisation and Performance, Councillor
00:26Chris Weaver, has said some tough decisions will have to be made over the next few weeks
00:30and months in order to keep the Council's finances in check.
00:34He said he was committed to creating a balanced budget, and said priorities would lie with
00:38key services that local residents rely on, but that task was becoming increasingly difficult
00:43given the financial constraints.
00:45He blamed inflation and more dependence on social services, as well as increased costs
00:49of maintaining roads, parks and education, and general building work, and the added pressures
00:54on the Council.
00:55A budget will be announced towards the end of this week.