Auditor raises reserves concerns at Redcar & Cleveland

By Martin Ford | 01 August 2019

A council has been warned it faces running out of reserves within two years.

Mazars provided a qualified value for money conclusion in its audit of Redcar & Cleveland BC, warning the council was 'in danger of exhausting its revenue reserves’ by 2020/21 without making savings and curbing spending.

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Budgets and efficiency Finance Audit Reserves