Mammoth Debt Problem - Indictment of Tory policy's in County Hall

12.00.00am BST (GMT +0100) Tue 1st Sep 2009

It has been revealed that the Conservative County Council is predicting a debt of £629 Million by the end of the financial year.

The debt is just another sign of a party in power but unable to govern for the people of Northamptonshire.

A series of blunders and gross mismanagement of the county Council has led to a mammoth debt being accrued and leaving the County finances in a disgraceful state.

"This debt is just another indictment of failed Tory policies in County Hall and proof of the Liberal Democrats assertion over the last few years that the Tories were producing undeliverable, 'Fairytale' budgets full of unaffordable aspirations and unachievable savings. " Said Scott Collins, Parliamentary Candidate for South Northamptonshire in next years General Election.

Commenting further Scott said "Considering that the Tories sold themselves to many voters as the party of good governance and a 'safe pair of hands' during the last County Elections, they must now hang their heads in shame given the debacles over the bungled Carillion contract, failed school site sales and now a debt which endangers the very stability of the County's finances"

There can surely be no response from the County Council which can account for this 'black hole' in the finances of the County Council especially considering the number of cuts that have taken place in virtually every area of the County Council's services.