Council budget 2024 to 2025
The Mayor of Hackney and councillors will agree the budget for the 2024 to 2025 financial year on 28 February 2024. The budget sets out how we will spend money to run essential services and deliver on our ambitions for a better Hackney.
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Many councils across the country are in deep financial difficulties as a result of these difficulties. In Hackney, our record of good financial management allows us to maintain vital public services. We can also invest in improvements in the borough.
However, to continue investing and maintaining financial stability, we will need to make tough choices. We will also need to make major savings in the years ahead.
The budget proposed for 2024 to 2025 aims to overcome the challenges and help deliver on our commitment to work together for a better Hackney.