Nottingham City Council has approved a further £135,000 on finance staff for the next six months.
It had already paid for the employment of the director of finance with a spend of £139,000 between April 1 and September 31 this year.
The decision comes as the city council seeks to balance its books and appease the Government as part of its ongoing financial recovery following the collapse of Robin Hood Energy.
According to a council document an additional £134,555 has been approved to fund the employment of an interim corporate director for finance and resources, including a Section 151 officer (otherwise referred to as the chief financial officer).
Under section 151 of the Local Government Act 1972 councils must appoint a suitably qualified officer by law.
A document signed off by the portfolio holder for finance and Castle ward councillor, Sam Webster, says: "The cost of this decision is £0.135m for the period 1st October 2021 to 31st March 2022.
"This decision builds on a previous DDM approving the spend of the same value for the period 1st April 2021 to 30th September 2021.
"The initial 6 month spend (1st April 2021 to 30th September 2021) was funded from the existing Medium Term Financial Plan budget for the director of finance contained within finance and resources, amounting to £0.139m.
"As contained within the comments on the previous decision, the remaining budget available in 2021/22 for the period 1st October 2021 to 31st March 2022 is £0.004m and is therefore insufficient to fund further permanent recruitment or post extension.
"Due to this a financial pressure was expected once recruitment or extension to this post was confirmed. As a result of the above and this decision, funding availability for the 6 month extension is insufficient and a one-off financial pressure of £0.131m is anticipated in 2021/22 in finance and is captured as part of period forecasting across finance and resources.
"The current forecast across finance and resources however, as at period 4, shows a £0.288m underspend which suggests mitigation of this additional unfunded cost in full is expected.
"Finance and resources directorate will need to continue to be proactive in finding funding to mitigate this pressure from across the directorate in order to minimise any adverse financial impact to the organisation."
The role is required due to the "critical" period the council is currently in, with a new budget recently set out as part of plans to balance the council's books and ongoing scrutiny arising from an Improvement and Assurances Board, chaired by Sir Tony Redmond.
Without sufficient expertise and without the vacancy filled the council says "significant risks" would arise.
The interim position will be held until March next year, when it is hoped the role will be filled on a permanent basis.
