Surrey County Council has said it is "able to manage" a £41m cut to funding over the next two years.
The cuts were announced by Communities Secretary Eric Pickles on Monday.
The council's deputy leader, David Hodge, said: "Surrey's grant allocation will reduce by 14% next year, compared to a reduction of 9.9% nationally.
"It is roughly what we expected and having planned for more than a year for the reduced public spending, we are well placed to be able to manage it."
A council spokesman said that the council was already halfway through a three-year public value review, and £43m has been saved by making council functions more efficient and by renegotiating contracts.
Mr Hodge said: "A lot has already been done but the gravity of the national financial position means much more change will be necessary to ensure as little adverse impact on residents as possible."