Paul Marinko 12 July 2023

Southampton at risk of section 114

Southampton at risk of section 114 image
Image: BasPhoto / Shutterstock.com.

Southampton City Council has been warned it risks having to issue a section 114 notice this financial year as it battles to save £20m from its budget.

The Chartered Institute of Public Finance and Accountancy (CIPFA) said the authority only delivered 39% of its planned savings last year and if that continued in 2023-24 it would achieve just £7.8m of the £20m target.

CIPFA added: ‘If the council does not bring spending under control and deliver savings in our opinion there is a significant risk to sustainability.

‘This would lead to the potential for considering a section 114 notice in the 2023-24 financial year.’

To continue reading visit The MJ (£).

If this article was of interest, check out this feature by Joanne Pitt, Local Government Policy manager at CIPFA: 'Preventing future Section 114 notices'.

Sign up here to receive our free daily news and jobs bulletin.

SIGN UP
For your free daily news bulletin
Highways jobs

Caretaker

Durham County Council
£24,796 (Pro Rata)
Permanent Contract – Part Time - 32 Hours per week (6am – 9.15am 3pm – 5.45pm) Mon-Fri. Whole Time. Required to start 20th October 2026.   The Governo Consett
Recuriter: Durham County Council

Social Worker

Durham County Council
Grade 9 – Pre-Progression (£35,412-£39,152 per annum) / Grade 11 – Post Progression (£40,777-£45,091 per annum). Pay award pending.
We are seeking to recruit two temporary (six month) full-time (37 hours per week) Social Workers, to join our Adult Social Work Team at Derwentside Lo Durham
Recuriter: Durham County Council

Head of Finance - Children & Young People’s Service

Rotherham Metropolitan Borough Council
£75,585 - £80,726 (pay award pending)
This is a great place to work for people who want to make a real difference. Riverside House, Rotherham, South Yorkshire
Recuriter: Rotherham Metropolitan Borough Council

Head of Finance and Accountancy (Deputy S151 Officer)

Chesterfield Borough Council
£72,000 (inclusive of Market Supplement)
In this role, you will provide visible leadership and management across the Finance Service Chesterfield, Derbyshire
Recuriter: Chesterfield Borough Council

Director of Digital, HR & Customer Services

Chesterfield Borough Council
£97,017
Reporting directly to the Deputy Chief Executive, you will lead a diverse directorate, with responsibility for Human Resources Chesterfield, Derbyshire
Recuriter: Chesterfield Borough Council
Linkedin Banner