18 August (Part 3) - BexleyCo : The borough’s biggest failure
BexleyCo has been
going for eight years and so far managed to provide 88 new houses on a
total of only two sites. It was originally promised £120 million by Bexley
Council over three financial years. £30,703,000 in 2017/2018 followed by
£69,020,000 and £19,900,000. It never happened but they took about £8 million
last year and £3 million so far this year.
Despite the unfulfilled promise dating back to the beginning of BexleyCo, Bexley
Council is aiming higher for the next four years. £35,391,000 in loans for 2025/26
and then £45,883,000, £47,056,000 and £30,000,000.That’s £358 million. This year’s
Council Tax will raise about £150,000,000. You might think these are fantasy figues but they come from a Bexley Council
Freedom of Information response.
I have a feeling that BexleyCo will not survive a Reform UK takeover.