Middlesbrough Mayor’s Financial Plans Taking Shape

The financial plans for the coming years in Middlesbrough are starting to take shape, according to Mayor Chris Cooke. However, budget consultations are being delayed until more information is known about the funding from the government. The council is facing a predicted overspend, budget gaps, and low reserves. They are working to transform services rather than making small cuts. The council may also sell surplus land and property assets to generate funds. Despite the challenges, the mayor is confident that the plans for the next three years are coming together. The council is currently reviewing its assets and will consult with the public before making any decisions. The Local Plan, which will have a significant impact on the town, is also a priority for the council.