Cllr Katie Lomas, City of York Council's executive member for finance, said "extremely difficult" decisions were being made in a bid to avoid the same fate as Birmingham City Council, which has effectively declared itself bankrupt.
A published council paper said the local authority would “exhaust its reserves” if it did not reduce its spending.
YOU’LL FIND MORE ON THIS STORY AND OTHERS AT www.yorkpress.co.uk OR PICK UP YOUR COPY OF THE NEWSPAPER ITSELF AVAILABLE SIX DAYS A WEEK AT YOUR LOCAL NEWSAGENT

Amy Winehouse Band to Open at York Barbican for New Tour
Comedian Jon Richardson Helps Boost Shares for Fadmoor Pub
Levellers Announce New Show at York Barbican in October
York And Scarborough Teams Top STEM Racing Regional Finals
Seutonius Book to be Auctioned Off With Duggleby Stephenson
MP Rachael Maskell Backs Campaign for Fairer Football League
Stillingfleet Beer and Music Festival Launches Ticket Sales
Jane Tomlinson Appeal Receives £4m Applications to Giveaway


