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City of York Council has lost millions of pounds in funding since 2010 when taking inflation into account.

According to the Bank of England’s inflation calculator, the council’s revenue budget from 2010 of £118 million should now be worth around £173.5 million if council services remained the same.

However, the council’s budget for the financial year starting in 2024 is worth around just £150 million – a £23.5 million difference.

 

YOU’LL FIND MORE ON THIS STORY AND OTHERS AT www.yorkpress.co.uk OR PICK UP YOUR COPY OF THE NEWSPAPER ITSELF AVAILABLE SIX DAYS A WEEK AT YOUR LOCAL NEWSAGENT

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