Nottingham City Council has employed a new interim finance boss at a cost of £114,000 for just four months. Stuart Fair took on the role of Corporate Director of Finance and Section 151 Officer at the beginning of November, following the departure of Ross Brown.
Mr Fair has now been employed on a temporary basis, and will be paid £114,000 up to March 31 next year, according to council delegated decision documents. “This is a critical role for the council at a challenging time,” documents say. Labour-led Nottingham City Council is facing a cumulative budget gap of £172m over the next three years. The budget gap in the 2024/25 financial year – which is the current year – stands at around £2.882m.
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