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A report which confirms the end of year position for Bromsgrove District Council also shows “continued financial stability” says the Leader.

Last week the Council’s Revenue and Capital Out-turn figures for 2018/19 were presented and approved by Cabinet. These showed a sum of £186K surplus being transferred to balances.

This was achieved through additional savings and increased contributions from our commercial activities.

The Council’s Portfolio-Holder for Finance Cllr Geoff Denaro, said: ‘’ Despite some difficulties we have stayed in a positive position without using our reserves to balance the final outturn, unlike other areas of Local Government.

“We will continue to seek out investment opportunities, such as the housing development scheme at Burcot Lane, and will review current service delivery to help maintain and improve our current level of services to our residents.’’

Bromsgrove District Council Leader Karen May said: “Despite the financial challenges facing local government nationally we have achieved a budget position of continued financial stability.”

Last week Bromsgrove District Council’s Cabinet Members recommended that the financial position report should be approved by Council at the next meeting on Wednesday July 24, 6pm at Parkside.