The Labour-run council's corporate director for finance and section 151 officer, Ross Brown, issued a Section 114 notice in November last year due to a £23m in-year budget gap
The finance boss at Nottingham City Council says he has been reviewing up to 400 transactions a day after spend controls were put in place following the authority's declaration of effective bankruptcy.
The significance of the financial challenges led to the Government appointing commissioners this year, replacing the improvement board which had been in place for three years following the collapse of Robin Hood Energy. Mr Brown says the responsibility goes through a chain of officers and directors before reaching himself.
"For the time being this financial year the mechanisms are appropriate and also there are actually some really interesting insights into how, when and why we are undertaking some of the expenditure that we do.
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