Thursday, March 29, 2018

Northants to 'effectively exhaust' reserves to balance budget

Auditors KPMG warned the council on 20 February that its budget proposal was “unlawful” as the forecast income was overly reliant on the sale of public land. The council said it plans to plug its existing forecast overspend of £16.7m with total reserves of £16.9m which had been “set aside for capital ...
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