Council warned not to overly rely on reserves

By Dan Peters | 14 January 2021

Auditors have warned Sutton LBC to be careful about relying too much on its reserves to offset current and future demand and cost pressures.

Management have said they are confident that the council has enough usable reserves to withstand pressures ‘as a last resort’.

Want full article access?


Receive The MJ magazine each week and gain access to all the content on this website with a subscription.

Full website content includes additional, exclusive commentary and analysis on the issues affecting local government.

Already a subscriber? Login

Budgets and efficiency Finance Management Audit Reserves Coronavirus
Top