Bristol City Council faces £117m deficit in five years View Image

Bristol City Council faces a mammoth £117million budget shortfall in five years’ time. And the funding gap for the upcoming 2026/27 financial year beginning in April stands at £20.8million.

The figures, which are outlined in the authority’s rolling five-year financial forecast called the medium-term financial strategy, were revealed to councillors at the strategy and resources committee.

They represent the expected shortfalls before the council considers new savings and income plans – which it must do to set a balanced budget as required by law – and is the difference between the money it expects to raise and what it will need to spend to continue current service levels.

Cllr Patrick McAllister (Green, Hotwells & H

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