Tag Archives: reserves
Leader hails ‘remarkable’ financial turnaround
Cllr Fothergill welcomes the three-year financial strategy that confirms the council’s improved position.
Auditors recognise progress
Somerset County Council’s improved finances have been recognised by auditors, according to a report to be discussed next week. The Value For Money update report from Grant Thornton, which will be considered by the Council’s Audit Committee, notes significant progress and the “positive trajectory” of the authority’s financial position and planning. In 2017/18, the Auditors […]
Work underway to tackle financial challenge
The County Council is taking the steps needed to live within its means, councillors heard this morning. Discussing a report from its external auditor, the authority’s Audit Committee was told that work is already underway to bring down overspending in the face of the financial challenges facing local government. The Audit Findings Report praises the […]
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