A meeting hears Birmingham City Council has no financial statements for the last year as a result.
Birmingham City Council has filed a section 144 notice - with spiralling costs of its IT system partly to blameProblems with "bankrupt" Birmingham City Council's IT system are so acute staff are unable to produce accounts detailing its financial status.
Issues with the IT system and the huge equal pay bill mean the council faces an immediate budget shortfall of £87m this year.Chief executive Deborah Cadman insisted good progress was being made to fix issues External auditor Mark Stocks said: "As we sit here today, the council's not able to give an outturn position for 22/23, neither is it able to produce a set of accounts for 22/23.
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