Tuesday, 19 February 2019

Northamptonshire County Council finances 'remain fragile' despite break-even optimism from commissioners

Northamptonshire County Council finances 'remain fragile' despite break-even optimism from commissioners The government appointed commissioners of Northamptonshire County Council says that the authority’s finances ‘remain fragile’, even as they predict it will break even against all odds this year.

Tony McArdle and Brian Roberts were drafted in by Westminster to oversee the failing county council after it effectively declared itself bankrupt last year by ordering a section 114 notice, which prohibits news spending.

But with the in-year overspend reducing from £64.1million to £1.4million, the commissioners are confident the council will balance its book by the end of the financial year in late March. Northamptonshire Telegraph

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