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Tendring Council tops up reserve fund after cash boost
10:00am Tuesday 24th June 2014 in News
TENDRING Council is £667,000 better off than expected.
The bulk of the extra cash generated over the last year was income from its parking services department, while some was a result of the council spending less than anticipated.
While £400,000 will be added to the cash pot for upgrades to Frinton and Walton Swimming Pool, the other £267,000 will go into the council’s reserve fund.
It will bring the reserve fund total up to £767,000.
Council leader Mick Page said: “We are still looking to invest in our priorities and make a real difference locally.
“But the need to continue with a planned budget reduction programme is clearly recognised and remains the key focus for the council to continue to provide quality services and investment at a time of reducing budgets.”