How did Woking Borough Council end up with a mountain of debt?
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How did Woking Borough Council end up with a mountain of debt?
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About this listen
This episode of The Woking Examiner tries to answer three questions
- With borrowing commitments standing at £2.4 billion how did Woking Borough Council end up with such huge loans?
- With annual loan repayments of £60 million and climbing and Council Tax income of £10 million how does it make ends meet?
- Does it actually make ends meet?
Woking Lib Dem Councillor Peter Graves takes a close look at the inner workings of WBC's finances with fellow Councillor and Finance Portfolio Holder Dale Roberts.
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