Hyndburn is braced for government funding cuts, but front line services will be safeguarded, the council leader has pledged.
Councillor Peter Britcliffe admitted there would be ‘some pain’ to come for the borough but claimed that the council was in a stronger position than rival authorities.
He also guaranteed there would be no threat to leisure facilities and public buildings such as Hyndburn Sports Centre, Mercer Baths and Oswaldtwistle Civic Theatre.
Councillor Britcliffe told Wednesday’s cabinet meeting: "We are now all having to pay the price of the follies of the Labour government.
"People talk about cuts but actually at the moment it’s about the money not being there for things that have already been promised.
"We are at times taking difficult decisions and those are coming along in the coming months.
"Hyndburn is in a very fortunate position because long before this government came in we had to sort out a £2 million black hole in finances. Reserves were non-existent."
The council achieved a revenue surplus of £1.9m in the last financial year, representing a saving of 12 per cent compared to budget.
This included a whopping £655,000 rebate from HM Revenue and Customs for VAT overpayments during the 1990s.
The council leader added: "We have put Hyndburn in a very strong position.
"This is because of the actions we took and since that time we have continued to follow that plan.
"Front line services will not be under threat. We will not be selling playing fields on and will be retaining virtually all the sports facilities in the borough.
"We will be investing in these buildings over the next 12 months.
"We will be working with the swimming clubs and all the organisations that help to improve health and an active life within Hyndburn."