Story by Victoria Prest in The Press.
Financial reports at City of York Council have revealed a series of budget fears in the city, but shows the money worries are not as bad as previous years.
The Quarter Two financial monitor report, published this week, shows that the “financial pressures” – or potential overspends – are now projected to be £1.2 million at the end of this financial year.
The figures are an improvement on the last quarter’s report, which put the projections at £1.9 million; and on this time last year when they were £1.3 million.
But, the details the report show the problems thrown up by legal wrangles over Coppergate, and teething problems with new “pay on exit” parking in Marygate.
Over Coppergate, the council’s coffers are £100,000 down since the beginning of this financial year in April, because the private car ban for the bus lane on Coppergate has not been enforced.
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