Torbay Council halts non-urgent spending to tackle ‘significant financial challenges’
All non-urgent spending will be blocked, meaning some public services will be stripped back or axed completely and the council will not be able to buy new vehicles, machinery or equipment. The Torbay Airshow may also fall victim to the cuts.
Chief executive Steve Parrock claimed that the council has not “run out of money” or used its cash reserves, and that the moratorium has in fact been put in place to protect these reserves, adding: “This means that even if an activity or contract is budgeted for, it may be postponed or cancelled if it isn’t urgent or required to meet our statutory duties. Every effort continues to be made to bring forward further efficiency savings and deliver our current transformation projects at pace.”
Parrock noted that Torbay Council, like other local authorities, continues to face “significant challenges” due to government funding cuts and increasing demands.
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