FINANCE

Reserves warning in face of predicted overspend

Hartlepool Council has warned it may have to dip into its reserves if it fails to make savings to reduce a £920,000 in-year overspend.

Hartlepool Council has warned it may have to dip into its reserves if it fails to make savings to reduce a £920,000 in-year overspend.

The council has previously used its reserves after recording ‘significant' overspends on its general fund budget in 2016/17 and 2017/18 due to ‘continuing service pressures'.

Dan Peters

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