A Changing Camden

Camden A changing Camden Camden is feeling the effects of cuts in government funding. Savings have been made but more will be needed in coming years... Going above and beyond With around 220,000 people living in Camden, there are statutory needs for residents but Camden works hard to provide even more. 25 hours of free childcare provided to parents (10 above statutory minimum) for 38 weeks of theyear pledges secured from Camden businesses to offer apprenticeships to young resldents centres offering 122 24 lunch clubs providing meals and soclal support for the elderly What's happened to Camden Since 2010, government funding has been decreasing. Over 60% of Camden's income is from government Camden's gross expenditure 2013/14 £878m funding, yet the amount has decreased by 28% over 4 years. Camden has already made savings of £83m to deal with some of these cuts, but will need to find further savings in years to come. Income from government funding 2013/14 £547m Savlngs 2011/12-2013/14 £83m Cuts In lke for like government funding 2010/11–2014/15 £67m Camden's projected cumulative deficit cuts in income from 2014/15 cost increase required to maintain services from 2014/15 2017/18 deficit 2016/17 £28m £22m 2015/16 £58m £14m £42m deficit deficit £21m £30m £20m deficit £7m closing a £21m deficit is 125% equivalent to either a... 122% П increase in the local business rates' base council tax increase £58m equates to a year of... support for vulnerable families community safety early years support the running of all 9 Camden libraries support for adults with mental health problems or or upkeep of 70 parks and sports centres and activities transport for older and disabled residents support for homeless households and homelessness prevention Added pressures 30,000 - 250,000 - 25,000 - Population Expected Increase in the number of Camden residents over the next 18 years: Social housing Ageing Expected Increase in the number of 200,000 - Current number 20,000 - on walting list: over-65 Camden residents by 2031: 26,000 13% 34% 100,000 - 15,000 - 50,000- MMMMMNMA 10,000 2031 2013 2013 2031 Camden is acting CHALLENGE RESPONSE The average house price in Camden is 2750 The community investment £625,400 programme will allow new homes are also 1650 3. expected to be built in Camden private homes marketed to local That Is 3 3 3 19x 1/3 people first 400 the median 500 to be new of Camden's replace- 200 housing Is socially rented ment annual 3. Invested council rented new household council rented shared 3 3 3 33 income In existing ownership housing CHALLENGE RESPONSE Due to the funding cuts the councll has had to make |£40m 70+ saved in service reductions saving programmes were put into place to Improve efficiency £83m £83m Camden Council workforce was reduced by £43m (21% in savings in back office savings since 2011 CHALLENGE RESPONSE The community 543 The number of children In the borough has increased almost İnvestment programme will use 10% additional school places are also expected to be generated over the last 10 years to improve 57 schools and childrens' centres Other challenges Camden is addressing JOBS Raising the educational attainment of our young people Supporting residents into training and employment Supporting vulnerable families Providing better homes for all council tenants through direct investment and estate regeneration As pressure on the council increases, essential services will need to be maintained. Through efficiencies, investment and the development of services that get it right first time, Camden wants to ensure that it remains strong. ШI 225,100 253,300 25,300 33,800 £119m £117m