Middlesbrough Council is considering selling off several of its buildings in an effort to avoid having to issue a bankruptcy notice.
An asset review, which will be discussed by the council’s executive next week, has proposed the closure of council-owned buildings and assets, including community centres, car parks and a golf centre.
The sale of these assets could bring in an estimated £33m, according to the report.
The longer-term future of the town hall will be under consideration.
A Middlesbrough Council spokesperson said: ‘The asset review is necessary due to the critically low level of reserves we inherited from the year ending 31st March 2023, the need to set a balanced budget over the medium term and the requirement to fund the transformation of services as set out by the external auditor.’
