Council bosses have been forced to radically revise their budget plans in the wake of a surprise £4.5 million boost from the Scottish Government.
Talks to establish spending plans for the Perth and Kinross area were due to take place on Friday.
But the meeting has been shelved after Finance Secretary Derek Mackay announced on Thursday an extra £160 million to be shared out across all local authorities.
Perth and Kinross councillors were told in October that savings of up to £65 million needed to be made over the next five years.
Officials warned that teaching jobs and other services faced being cut after budget plans were redrawn in the wake of the EU referendum.
Finance chiefs said the council needed to revise its budget because of a “highly uncertain” economic future.
Council leader Ian Miller said: “I welcome the additional funding from the Scottish Government. We will consider this as part of the council’s budget-setting process, and look at how this money may help us to protect services, and address our priorities for 2017/18.
“To give councillors an opportunity to fully consider their proposals, I can confirm that the meeting of Perth & Kinross Council to set the Revenue Budget will now take place on February 22.”
The local authority was considering a raft of swingeing cuts, including axing 24 secondary school teachers and increasing the costs of primary school meals.
Perthshire North MSP John Swinney and former Finance Minister said the windfall was a major boost to the region.
“The Scottish Budget is excellent news for Perthshire North,” he said. “There is a boost to schools of £700,000 directly to tackle the attainment gap, more money for police services, and an extra £4.544 million for Perth and Kinross Council to invest in local services.”
Green MSP for Mid Scotland and Fife Mark Ruskell, whose party struck a deal with the SNP to secure the budget, said: “I’m delighted that together with my Green colleagues we have secured £4.5 million extra for Perth and Kinross Council for the next year.
“This means that damaging proposed cuts to our frontline public services should now be dropped and we should look again at reversing damaging cuts agreed in previous years.”
Scotland’s spending plan was criticised by Conservative Mid Scotland and Fife MSP Murdo Fraser. He said: “It fails to address the problem of our underperforming economy.
“It cuts support to local government, which will mean that services are being reduced at a time when the council Tax is soaring.
“And it sends out a message that Scotland is the highest taxed part of the United Kingdom.”
