Guildford Borough Council has set a balanced budget in a sign that finances have stabilised after long-running risks to its governance and financial sustainability.
Suspected fraud relating to a housing maintenance contract led Guildford Borough Council to uncover widespread governance issues in its housing service, and the authority is now carrying out a review.
Rising service demand and debt costs have led two borough councils to warn they risk issuing section 114 notices, with one perhaps coming as soon as October.
