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park381 · 08-07-2007, 07:38

From the Observer
'Over half the financial savings came from better use of resources and via partnership working.
Other savings stemmed from insurance and pension cost, where poor practice in the past had been eliminated, and from better management of the council's money.'

Do they not call it creative accounting

I thought HBC had a large debt from the days when Hyndburn BC was formed.
Has that debt been paid or lost from the books?

08-07-2007, 07:38	#14
park381 Senior Member+ Join Date: Dec 2004 Location: On the border Posts: 2,160 Blog Entries: 10 Liked: 0 times Rep Power: 2285	Re: Council makes huge savings From the Observer 'Over half the financial savings came from better use of resources and via partnership working. Other savings stemmed from insurance and pension cost, where poor practice in the past had been eliminated, and from better management of the council's money.' Do they not call it creative accounting I thought HBC had a large debt from the days when Hyndburn BC was formed. Has that debt been paid or lost from the books? __________________ Anyone who has never made a mistake has never tried anything new. Albert Einstein.