Northamptonshire County Council: third commissioners' report
Commissioners鈥� third report setting out the work they continue to carry out to ensure a balanced budget at the council and to support the expected restructure.
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皇冠体育app third commissioner鈥檚 report sets out the good progress made so far to stabilise the council鈥檚 finances.
In 2018 to 2019, they resolved a 拢30 million projected overspend, balancing the budget and enabling the section 114 notice to be lifted.
This was assisted by a 拢70 million capitalisation request granted by the Ministry of Housing, Communities and Local Government which is being used to cover the deficit of 拢34 million (which commissioners uncovered) from the previous financial year (2017 to 2018), to create some reserves, to deal with some legacy issues, and a small contingency.
A new Chief Executive (皇冠体育appresa Grant), has put in place proper financial controls, supported the restructure, and set a balanced budget for 2019 to 2020.
Nevertheless, the commissioners note that the financial position in 2019 to 2020 continues to be challenging. In quarter one, they forecast a 拢5.6 million overspend. However, mitigations are being developed alongside work to ensure that services are sufficiently robust to support the restructure in 2021.
Ministerial response to the Northamptonshire commissioners鈥� third report to the Secretary of State
皇冠体育app response from the Minister for Local Government welcomes the commissioners鈥� third report and notes the progress that they have made in turning round the council.