Daventry council announces plans to cut £364,000
Daventry District Council has announced £364,000 of savings to help meet a 7% cut in its government grant.
It said savings would come through renegotiating contracts and supplies such as payroll services and external audit fees and no jobs would be lost.
The Northamptonshire council is also due to receive new income from schemes including redevelopment of industrial units at Long March in Daventry.
The budget plans go before the council's strategy group on Thursday.
The proposals will then go to a meeting of full council on 6 December.
A council spokeswoman said no jobs were expected to go as a result of of the latest savings.
Ken Melling, resources portfolio holder at the council, said: "Since the first signs of recession four years ago we've taken a prudent approach based on the worst-case scenarios to avoid knee-jerk reactions to our financial challenges.
"By planning ahead to make savings we've managed to minimise their impact on front line services. Since last year's restructure we are a much leaner organisation and many of the savings identified for 2013-14 are the result of new ways of working, redesigned services and the fruition of income generation schemes.
"Although we cannot predict the ever-changing national picture, our latest projections are now indicating a more encouraging outlook for the next three years with replenished reserves.
"However the financial challenges facing local government are far from over and with the very real likelihood of further funding reductions, we must continue to plan ahead. It will become increasingly difficult to identify savings in the future that will not affect our services."
Other initiatives, such as investing in a joint venture with Rugby Borough Council for a new crematorium and building new homes for private rent at Middlemore, are expected to result in additional income streams from 2014-15 onwards.