Conwy County Borough Council – Financial Sustainability Assessment
We undertook this assessment because we identified financial sustainability as a risk to councils putting in place proper arrangements to secure value for money in the use of resources.
What we found
Overall, we found that:
- in recent years the Council’s use of reserves to fund its revenue budget has reduced their levels significantly;
- the Council recognises this is unsustainable and has taken steps to improve its budget outturn position and savings delivery.