Leeds Council digs into cash reserves to balance budget following sweeping cuts
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Leeds City Council was required to make £58.6m in savings by the end of 2023/24 and announced job losses, building closures and new parking charges. In February, the authority reported a £36.3m overspend as it struggled with rising costs. But it now expects to have reached a break-even position on its general fund in month 11 of the financial year.£58.6m The council’s latest financial report said £14.7m would be used from the Merrion House Reserve. A spokesperson said: “The Merrion House...

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