[jambutty]

Originally Posted by Neil

I suppose if they have some stashed cash they have some security if some emergency crops up. Only like people having savings for the same reason. Maybe the money invested is for large projects that needs the budget spreading over a few years.


Lancashire County Council is down £10 million - anyone know what their total yearly budget is so I can put that into perspective?

It is one thing having savings for the future but quite another if your kids are starving or going barefoot today.

Councils have several income streams, with Council Tax and rent from property being the main two. Then there are government grants and the ubiquitous parking fines.