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North Yorkshire Council Finances are "Sufficiently Robust"

Sunday, 4 February 2024 06:30

By John Clayton and Stuart Minting, Local Democracy Reporter

As local councils across England continue to battle a tough financial situation, North Yorkshire Council says it's finances are robust.

ays that based upon the current financial situation, North Yorkshire is not at risk, but vigilance was important."The amount of funding available to councils is out of line with the requirements placed upon them"

That was the message from the local government association this week.

They say a number of councils across England look unlikely to be able to balance their books this year.

In a recent survey they found one in five council chiefs felt it was likely they might need to issue a section 114 bankruptcy notice this year

Gary Fielding is Corporate Director for North Yorkshire Council he says the North Yorkshire authority is NOT at this stage...

North Yorkshire residents are facing an average increase of almost £90 in their annual council tax payment to the unitary authority from April, despite plans to raid the council’s reserves and use £46m of savings.

A meeting of North Yorkshire Council’s executive heard efficiencies generated from local government reorganisation had put the local authority in a much stronger financial position than many others, but soaring costs over special educational needs and disabilities and social care had effectively wiped out the savings.

The Corporate Director said that based upon the current financial situation, North Yorkshire Council is not at risk of having to issue a section 114 notice but he says vigilance is important.

Councillor Carl Les, the council’s leader, told the meeting North Yorkshire was in “an enviable position” compared with other local authorities.

 

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