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Auditor raises reserves concerns at Redcar & Cleveland

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

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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.

Martin Ford

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Martin Ford

Popular articles by Martin Ford

  1. Councils brace for reorganisation push
  2. Ombudsman calls for more powers
  3. Call for courage over failing council finances
  4. Government will 'not hesitate' to intervene in planning
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