Falkirk Council is facing an "unprecedented" budget gap over the next four years that will almost inevitably lead to service cuts and council tax rises, councillors have been warned.
Chief executive Kenneth Lawrie urged councillors to start thinking now about a financial strategy that he said would help plan for the future and find ways to avoid job losses and service cuts.
Chief finance officer Amanda Templeman said the council aimed to reduce spending through transformational projects - but her report admitted that these were highly unlikely to be enough on their own.