Wandsworth Council is set to freeze council tax, which should mean a reduction of around £4, following the cut in the Mayor’s precept.
Councillors should agree the freeze on March 5.
Cllr Ravi Govindia, Leader of Wandsworth Council, said: “To achieve this we have restructured the council, further reducing the number of departments from six down to four, cutting back-office costs and making more efficient use of our buildings. Since 2010 the amount we spend on senior staff has been reduced by more than £2m a year.”
“More of our work is now being outsourced to achieve better value for money and to harness the expertise, innovation and extra investment outside organisations can bring to council services.
“Since 2010 we have saved £80m from our annual budget. Over the next year our funding will reduce by a further £29m which we will manage through our on-going market testing programme, the savings our departmental mergers continue to accrue and a relentless drive for new efficiencies. Because of Wandsworth’s robust financial position we will be able to release £18.5m from our reserves over the next few years to smooth the funding drop and ease our transition to an even leaner and more efficient council.”