Title

FINANCE

Section 114 notice warning for Halton

Halton BC may be forced to issue a section 114 notice if the council fails to bring its spending under control, senior councillors have been warned.

(c) wutzkohphoto/Shutterstock

Halton BC may be forced to issue a section 114 notice if the council fails to bring its spending under control, senior councillors have been warned.

A report to a meeting of the council's executive board yesterday read: ‘The council must urgently take steps to agree, implement and adhere to a recovery plan to bring spend to a sustainable position during the course of this MTFS [medium-term financial strategy] period. Not doing so will heighten the risk of Government not providing EFS [exceptional financial support] to the council and leaving no further option other than section 114 notice. The council must adopt a section 114 attitude to all future spending plans, with spend only being committed where it is absolutely required.'

Dan Peters

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