Wednesday, 9 January 2019

Overspend reduced at county council but concerns persist over remaining £11m savings

Overspend reduced at county council but concerns persist over remaining £11m savings Northamptonshire County Council’s overspend has reduced by £19million in the past five months, but questions remain over the deliverability of some of its remaining £11million savings.

The latest finance monitoring report, which will be discussed by cabinet next Tuesday (January 15), shows that the forecast year-end position is currently an overspend of £11m. It’s down from the £30m overspend forecast in July, when the council issued a second section 114 notice banning new expenditure. And it’s a further improvement on the £15.6million position reported last month. Northampton Chronicle and Echo

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