In response, the Labour spokesperson said the council’s financial difficulties followed “14 years of Conservative austerity that saw £1bn of funding taken from our city”.
However, they accepted the council needed to improve.
“We have buckled down and brought in greater efficiencies, tighter financial control and are transforming our services fit for the future,” they said.
“We continue our work to transform the council and put it back on the path to financial stability whilst protecting the services that matter most to the people of Birmingham.”
The new Labour government would bring forward plans for “sustainable long-term funding for councils”, the spokesperson added.