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Old 08-07-2007, 18:59   #17
claytonender
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Re: Council makes huge savings

Quote:
Originally Posted by park381 View Post
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?
Where the savings from insrance costs because they used less reputable insurance companies or did they not insure at all.
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