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Old 28-02-2009, 09:42   #80
Bernard Dawson
Senior Member+
 

Re: Last Nights Council Meeting

Quote:
Originally Posted by jaysay View Post
A budget that included £75,000 from balances, unfortunately the last time your mob were in power they left a budget deficit so you wouldn't have had anything to borrow from its easy to put out a cheaper budget out of somebody else's savings, but that's what Labour do
I am not quite sure what you mean by a budget deficit. In local government finance, budgets have to balance. It's a legal requirement. Also the minimum amount of balances any council carries is set independently.
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