Cabinet to consider recovery plan following independent review of finances
A challenging recovery plan to improve the borough’s finances will be considered by our Cabinet at their next meeting on Wednesday 30 October, following an expert review on the council’s finances by the Chartered Institute of Public Finance and Accountancy (CIPFA).
The review makes clear that tough decisions will need to be taken, and additional government support granted, for the council’s financial situation to improve.
Significant action has been taken by the council’s new administration and senior leadership team over the past 18 months to make savings, transform services and generate income, including formal discussions with the government about additional support that have been on-going since May this year.
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