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Oxfordshire faces £35M funding gap due to delayed national formula change, threatening services and tax plans.
Oxfordshire County Council faces a potential £35 million funding shortfall over three years due to a delayed national funding formula change, with final details expected by mid-December.
The delay hampers planning, despite the council’s stable finances.
Ongoing pressures include inflation, rising social care costs, and a 2026 national living wage increase.
A planned 3.99% council tax rise now faces a higher 4.99% referendum threshold, complicating budget decisions.
Councillor Dan Levy criticized the timing, saying it undermines effective service delivery and consultation.
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Oxfordshire enfrenta una brecha de financiación de 35 millones de libras debido al retraso en el cambio de la fórmula nacional, amenazando los servicios y los planes fiscales.