Instead of waiting until it’s too late, Cornwall Council has stood up the senior officer Financial Review Group whose mandate is to call officers to account for the delivery of budgets within the approved limits, says Tracie Langley.
Warren Buffet said: ‘We don't have to be smarter than the rest, we have to be more disciplined than the rest.'
This is my financial sustainability mantra, especially now, coming up to midway through the financial year where our financial forecast is showing a negative variance against the approved budget.
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