December 13 2013 Latest news:
by Flora Drury
Tuesday, September 24, 2013
Haringey Council has dismissed claims it has “no control” over its budget after the latest monitoring report revealed it had overspent by £2.2million six months into the year.
Opposition Liberal Democrat councillors have hit out at the council for overspending by £1.6million in the revenue budget, and by £600,000 in the housing budget.
The Lib Dems claim the papers also show a number of projects are behind schedule, or have overspent. Hornsey Town Hall, for example, has underspent by £600,000 while the Lordship Recreation ground project, in Tottenham, overspent by £500,000.
Cllr Paul Strang, the Lib Dems finance spokesman, said: “Again we see that Labour can’t manage the council’s resources properly. They have no control over the budget with some parts of the council overspending massively and others failing to get on with things and build the infrastructure the borough needs.”
But a Haringey Council spokesperson said it still expected to “achieve a balanced budget by the end of the financial year”, in April.
They added: “It is common for council budgets to fluctuate throughout the year, which is why we carry out regular monitoring so that we can identify variations and take action.”