The council has warned of further budget cuts after the country voted to leave the EU .

Cheshire East has released details of its budget for last year and states the council is in its strongest financial position yet, with reserves of £93.3m.

But a report on the 2015-16 financial position warns that the council will have to tighten its belt.

This is based on a decline in government grant funding, from £40m in 2015/16 to zero by the 2019/20 financial year, but also the potential for uncertainty in the wake of EU referendum.

The report states an immediate priority for the council is to seek assurance that any European structural and investment funding, money invested by the EU into jobs and infrastructure, in Cheshire East is maintained.

The report to the audit and governance committee states: “The outcome of the recent referendum to leave the European Union is an unprecedented and seismic decision, which will be a factor in our forward planning.

“The Cheshire East Group has limited direct financial links with Europe but changes in the relationship between Europe and the UK will need to be carefully considered.”