Suffolk County Council says the cost of running all 35 centres could be as much as £4.6m a year but it is looking at plans to reduce this to just £3.5m.
In a report to councillors Viki Muller, head of early years, childcare, extended schools and integrated youth services, said this would mean offering a more basic level of service.
She also warned that such a move could compromise centres’ ability to make a difference to families’ lives.
Members of the resources, performance and finance scrutiny committee will consider the cuts when they meet on February 26.
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