New report reveals councils face £50bn black hole over next six years as local authorities could resort to cutting services
Bus services, council tax discount schemes and fly-tipping prevention could all be hit by a £50billion funding "black hole" facing councils over the next six years.
A new report by accountants PricewaterhouseCoopers (PwC) found that an increased demand for public services and rising costs is leaving Lincolnshire County Council in need of an extra £17billion funding for 2019-20 alone.
The report, prepared by PwC on behalf of the County Councils Network, also found that even with a council tax rise of nearly three per cent, adding just under £250 to the average Band D bill, the funding gap between 2020 to 2025 would still be more than £30billion for county councils like Lincolnshire.
More by this authorWinston Brown