Lee Carter says Telford & Wrekin Council is 'financially robust', despite rising demands.
Carter, who replaced newly elected Telford MP Shaun Davies, said the council was "managing its finances robustly", while continuing to find new ways of raising revenue or being more efficient.
"We'll absolutely make our savings and there will be no hint of bankruptcy because we're not in that realm at all. We manage our finances robustly. The Conservative group on the council has raised concern about the authority's "mounting debt pile" and the "future burden of interest payments", which accounted for 8.9% of the net revenue budget in the last financial year.
But budgetary pressures have worsened in recent years due to increased costs caused by inflation, and a rise in the demand for services, especially in both adult and children's social care.The additional income was used to help boost its social care budget, which increased by 12% this financial year.
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