Northumberland County Council's bank balances remain in good shape despite external pressures over the past financial year.
Speaking to the council's audit committee, finance chief Jan Willis said that while rising interest rates were a cause for concern, the authority had been able to use cash reserves to mitigate the issue.
However, she did concede that the challenges of the past few months had been unexpected - and that the council may have to take on short-term debt in the near future to avoid using up all of its reserves.
