Cash-strapped Cheshire East applies for Govt help worth £17.6m
By Belinda Ryan, local democracy reporter
Cash-strapped Cheshire East Council has applied to the government for exceptional financial support in the form of a capitalisation direction for up to £17.6m.
This means the council won’t receive extra money but is able to create a “negative reserve” similar to that already in place for the overspend on the special educational needs budget.
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