Response A1345378

Response to request for information

Reference

A1345378

Response date

6 July 2021

Request

1. What is your current predicted funding gap by the end of the financial year 2022/23?

2. What is your current predicted funding gap by the end of the financial year 2023/24?

Response

1. What is your current predicted funding gap by the end of the financial year 2022/23? £1.547m

2. What is your current predicted funding gap by the end of the financial year 2023/24? £1.219m

The above reflects the cumulative deficit at 2022/23 and 2023/24 as per the March 2021 budget. The budget due to be set in March 2022 will be amended to reflect current estimates and assumptions and is subject to change, particularly given ongoing uncertainty regarding the pandemic and how quickly things can change.