Woking entered s114 territory in 2018

By Martin Ford | 13 September 2023

Woking BC may have faced a section 114 notice at least four years before it declared effective bankruptcy, senior councillors have been told.

Officers believe the council ‘would have had grave difficulty in setting lawfully balanced budgets’ as far back as 2018-19 ‘had the issues now being drawn out been understood,’ according to a report to Woking’s executive.

Want full article access?


Receive The MJ magazine each week and gain access to all the content on this website with a subscription.

Full website content includes additional, exclusive commentary and analysis on the issues affecting local government.

Already a subscriber? Login

Budgets and efficiency Finance Audit Budgets Intervention Cuts
Top