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Last Updated: Wednesday, 28 March 2007, 15:18 GMT 16:18 UK
City budget 'back in the black'
Stoke Town Hall
The council has made 13m of savings
The budget of Stoke-on-Trent City Council will be in the black next year, elected mayor Mark Meredith has said.

The council has in the past year made hundreds of staff redundant, saved 13m and imposed a council tax increase of about 5%.

Mr Meredith said the moves had wiped out a 20m debt.

The Labour politician said the savings meant that the authority would be in a good position going into the next financial year.

"By the end of this financial year, we will not have an overspend, in fact we will have a small surplus as a result of those efficiencies, which is what I think the council tax payers deserve and expect," he added.

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