FINANCE

Copeland in 'Section 114 territory'

Copeland BC is ‘heading rapidly towards its minimum level of reserves and an expectation internally of issuing a Section 114 notice,’ an external assurance review of the council’s financial position has found.

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By Dan Peters | 08 December 2021

Copeland BC is ‘heading rapidly towards its minimum level of reserves and an expectation internally of issuing a Section 114 notice,' an external assurance review of the council's financial position led by the Chartered Institute of Public Finance and Accountancy (CIPFA) has found.

The council was one of eight local authorities for which the Government commissioned reviews after they requested ‘exceptional financial support,' with the latest five published today.

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Dan Peters

Popular articles by Dan Peters

  1. Deal reached after mayor launched legal case against own council
  2. Councils could get powers to suspend members
  3. CCN backs reorganisation
  4. Pennycook: Compulsory purchase to be made 'faster and more efficient'
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