A report says Falkirk Council is still in a "very difficult" financial situation.
That's despite already making nearly £8 million worth of savings.
The local authority needs to plug a budget gap of £56.4 million over the next five years.
Council tax could rise by 7% next year to help fill the gap.
£680,000 has been raised by increasing fees for brown bin collections.
A report on the council's finances will be discussed next month.
Stirling and Clackmannanshire Councils are both facing financial challenges, and need to make millions of pounds worth of savings over the next few years.