A Tory-controlled Warwickshire council said there were "no real shocks" that it had not been anticipating following the Spending Review announcement.
Stratford-on-Avon District Council said it has already identified savings of £383,000 for this financial year.
It added these were ongoing efficiency improvements and cost reductions, not service cuts.
Leader Stephen Gray said it accepted public spending cuts were "inevitable" to tackle the country's budget deficit.
He added the district council has been working on a "transformation strategy" for more than six months.
"The District Council already delivers significant services and benefits to local communities above and beyond its core statutory services," he said.
"We are unable to set out our case for future resourcing and priorities until we receive our Government Grant settlement later in the year.
"But we will be concentrating on the delivery of services that residents value most."