City Council Finances Heading in ‘Right Direction’ with £3m Underspend

City council finances heading in ‘right direction’ with £3m underspend

The Labour-led authority, which was declared effectively bankrupt in 2023, says it is currently anticipating underspending by around £3m in the current financial year

Nottingham City Council forecasts £3m in-year underspend

Nottingham City Council’s latest budget report shows it is continuing to improve its financial position with a forecasted underspend of £3 million in the current financial year, as the authority sets out a performance plan for how it will deliver on its priorities for Nottingham people. The latest report, discussed by the Council’s Executive Board […]

Council sets out plan to deliver for local people as its finances continue to improve – My Nottingham News

Nottingham City Council’s latest budget report shows it is continuing to improve its financial position with a forecasted underspend of £3 million in the current financial year, as the authority sets out a performance plan for how it will deliver on its priorities for Nottingham people. The latest report, discussed by the Council’s Executive Board today, follows a better-than-expected budget outturn for the last financial year, 2024/25, which me…