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Scotland's smallest mainland council must take ‘decisive action’ to find nearly £30m in savings over the next three years, auditors say.
Should councils ignore government pressure to trim down their cash reserves? Sam Clayden investigates.
Councils will be unable to cover the costs of voluntary mergers in Wales using their reserves, the Chartered Institute of Public Finance (CIPFA) has warned.
Councils in Scotland have managed their finances well but face big challenges ahead, spending watchdogs have warned.
Thanet council defended ‘record of sound financial management’, despite budget report warning the council faces ‘signficant risks’ because of low reserves.
Lancashire County Council is not financially sustainable and would have spent all its reserves by 2018/19, a new report has warned.
Councils should be held accountable for their use of cash reserves and track how money is being utilised, according to trade union Unite.
Councils’ spending in England will fall by 1% in 2016-17 (£0.9bn) according to official figures, raising concerns over the financial resilience of local authorities.
Councils are planning to use £1.9bn of their cash reserves in the next financial year, according to official figures.
Suffolk County Council has agreed to use £10m from its reserves to fund three million square metres of new road surfacing.