Shropshire Council's forecast of being £35.1m in the red, is better than the authority expected.
A council that says its financial situation is "heartbreaking" has issued latest overspend figures that are slightly better than expected.
However, while this could be covered by its £38.8m general fund reserves balance, it would leaves its budget for unforeseen emergencies at £3.7m.for its financial hardship, has published monthly reports since the start of the year because of its situation. There’s only £38.8m in the pot, so another shock, like the invasion of Ukraine in 2022, and the subsequent impact on inflation, could push the council into the red.
The latest report suggests it currently expects to deliver £47m of savings by the end of the year, meaning it is reviewing the impact on 2025/26 and assessing how to minimise this over the next four months.
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