'Road to bankruptcy': Shropshire councillors in row over £10 million overspend

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'Road to bankruptcy': Shropshire councillors in row over £10 million overspend
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Shropshire Council’s predicted overspend of £10 million this year would leave the authority on the “road to bankruptcy”, opposition leaders have claimed.

Shropshire Council is heading for a £10m budget overspend

This would see the council’s general reserves pot shrink to just £5.6m, which finance director James Walton warned in the report was an “unsafe level”. Councillor Evans said: “For the last 14 years that this council has been run by a Conservative administration, it has been told time and time again that the budget is not sustainable, it’s unsafe, and now that house of cards is starting to fall down.”Julia Buckley, who described the predicted overspend as “devastating”.

He added: “We have the plan, we have the strategy, we have the staff behind us and we will move this organisation on to a sure and stable footing.”

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