FINANCE

Council warned not to overly rely on reserves

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

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'.

Dan Peters

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