Northamptonshire County Council has until March the 11th to set this year`s budget.
The decision was supposed to have been made yesterday but was put on hold after the local authority`s auditors warned its spending plans didn`t balance and it would be breaking the law if it was approved.
Council tax will need to be set by the first of March.
Earlier this month a notice was imposed forbidding the council to spend any more money because of severe financial challenges.
A special meeting to discuss the crisis will be held next Wednesday.