Posted on Tuesday 9 February 2010
At the December Cabinet meeting council officers reported that this Labour run Tower Hamlets Council is in a serious financial position. A report showed that the Council is forecast for a massive £8 million overspend. This is equivalent to a 12% increase in Council Tax. Tower Hamlets Conservatives have regularly exposed Council waste, including the wasted money spent on Labour’s freesheet, East End Life; wasting taxpayers money on removing a highly rated Chief Executive who was quickly appointed as Chief Executive to another London Borough; and the £800,000 overspend in rent on the Council’s own offices in Mulberry Place.
While this Labour Council is busy spending taxpayers’ money, the Conservative Mayor Boris Johnson has frozen the GLA precept and your local Tower Hamlets Conservatives presented an alternative budget that would have cut Council Tax by 1% whilst providing extra Police Officers, CCTV and homes.