Officers have warned Medway Council is “very likely” to go bankrupt without drastic changes as they predict an overspend of £11.2 million. The budget is due to be discussed at cabinet next week and papers released today say the authority might need to immediately stop some or all non-essential services, limit spending to the legally required minimum levels, freeze recruitment and use reserves. The report says some of these measures would have to be taken immediately to prevent the council having to issue a section 114 notice, which effectively declares it bankrupt and requires the government t…
