Watchdog raises ‘extreme concerns’ over Moray Council finances

by abz_eng

3 comments
  1. >In a best value report it said it was concerned about the council’s reliance on “unidentified savings” and added that **the continued use of financial reserves was not sustainable.**

    No council should be using reserves to fund day-to-day spending, unless in exceptional circumstances.

    More reasons why a cap not a freeze is need on council tax

  2. Allowing councils to gamble and overinvest and spend money they don’t have was an incredible oversight. It’s beyond belief.

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