'A rainy day has come' was quote from former Bromley councillor Rod Reed, used by Bromley News Shopper in a story (23/1/11) on Bromley Council's fifty million pounds plus stash of reserves.
Commenting on whether councils should tap into reserves, local government minister Andrew Stunell said: “Good financial planning is about putting a little extra away when the sun is shining so you have some cover during the rainy days. London councils have put away £1.6 billion of taxpayers’ money in their town hall coffers for just such an occasion – the time has come to put it to use..."
(read more here)
Bromley Cuts Concern (Bromley Against the Cuts) plan to tie in petition for Bromley to use some of its reserves with a campaign for local people to join the TUC March for the Alternative on Saturday, March 26.
A second Bromley Market Square protest is therefore planned for Saturday, March 19.