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York’s finance executive has called for an “urgent rescue plan” for councils as one in five fear going bust.

Cllr Katie Lomas, the finance executive at the City of York Council, told the Local Democracy Reporting Service she’s “seriously concerned” about balancing the books in the next four years without further support from central government.

Labour was elected into the City of York Council in May, but its first six months have been blighted by cuts due to financial constraints. 

In September, the council warned it forecasted an £11.4 million overspend this financial year without further action, which it has since reduced to £11.1 million. 

 

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

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