Cash Crisis Deepens At Council
Written by HFM News on 24th July 2018
Northamptonshire County Council has imposed emergency spending controls for the second time this year.
The section 114 notice bans all new expenditure, with the exception of statutory services for protecting vulnerable people.
Two government-appointed commissioners are running the Authority, with one calling its finances “truly perilous”.
There’s a potential budget shortfall in this current financial year of between £60m and £70m.