Fenland District Council needs to save £1.8 million within the next three years.
Leader John Clark says the authority is in a good position to meet the financial challenges ahead.
The council has already saved £8 million up until the end of this year but needs to find an estimated £700,000 to £770,000 within the next financial year.
During a press briefing on Monday, Mr Clark said: “I am confident we are in a good position to face the financial challenge we have in front of us.
“As a local authority we have got to play our part.”
The council has made some savings by sharing the tax collection and benefit services of the Anglia Revenue Partnership.
The partnership, which is made up of seven local authorities sharing services, is looking to introduce a bailiff section.
The council is looking to save money by combining its street cleaning and ground maintenance teams.
A proposal on sharing planning services with Peterborough City Council is due to be decided by members later this month.
The council is also making extra money by renting out some of its property.
Members decided against a proposed move to nearby Hereward Hall earlier this year and are seeking tenants for the empty rooms at Fenland Hall.
The council is holding talks with charities and public sector organisations and hopes to have new tenants moved into the annexe at the back of Fenland Hall in the autumn. Council staff will be moving into the main hall, which will be close to capacity.
Chief executive Paul Medd said the council had been voted as one of the most efficiently run in the country last year.
He said: “We do everything possible to protect front line service delivery.”
nMembers of the council’s Golden Age and New Vision Fitness teams will be in Chatteris next week to offer advice and support to the over-60s.
They will be at the Chatteris Community Hub in Furrowfields on Friday, July 24, from 10am-1pm. Free mini-health checks, including blood pressure testing, will be available and the Fenland Ferret will be present to offer benefit advice.