Stoke-on-Trent City Council has welcomed the final local government finance settlement, which is expected to bring significant additional funding to the city over the next three years.
Councillor Jane Ashworth, leader of Stoke-on-Trent City Council, noted that initial calculations suggest the final settlement contains approximately £13 million more for the city than the provisional figures published in December.
Addressing Deprivation and Social Care
The uplift in funding is seen as a vital response to the specific pressures facing the Potteries, particularly in children's social care and high levels of local deprivation.
“This additional money is extremely welcome. It better reflects the levels of deprivation we still have in this city, and the specific challenges we face in areas like children's social care. We made a compelling case for a fairer settlement and we are pleased that the government has listened to our arguments."
— Councillor Jane Ashworth, Leader of Stoke-on-Trent City Council
Despite the positive news, the council remains candid about the long-term financial landscape. The leader pointed out that the city had £96.8 million less to invest in 2024/25 compared to 2010/11, following over a decade of austerity and national economic headwinds.
Next Steps for the Funding
No immediate decisions have been made regarding the allocation of the extra £13 million. Cabinet and council members are set to consider several strategic options:
- Exceptional Financial Support: Assessing if the money should reduce the current request for government support.
- Budget Gaps: Identifying if the funds should be held to address projected deficits in future years.
- Skills Investment: Exploring opportunities to invest in resident skills as part of the additional settlement.
The improved settlement is viewed as a necessary tool to help the authority navigate its remaining financial challenges while continuing to provide essential services to the community.
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