England & Wales Finance, Personal and organisational development

An introduction to local government finance in England

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Overview

Every elected councillor is responsible for ensuring that their council has effective financial governance, yet local government finance is viewed by many as difficult to get to grips with. This introductory session explains the basics and no previous experience is required.  All jargon explained!

Key outcomes

  • Understand how local councils receive their funding
  • Learn the role of elected councillors in financial governance as well as the overall national legal and policy framework affecting council budgets
  • Grasp key concepts and terminology such as capital and revenue, general fund and the Housing Revenue Account (HRA), reserves and balances.

Who should attend

These online sessions are aimed at both new and experienced local authority members who want to understand the basics of local government finance and financial management – and develop a grasp of the financial implications of recent changes. The session will also be relevant to officers and local government partners who would like to understand local government finance as part of their role or who are involved in the budget process.

Your LGIU Trainer

Ian Fifield, Ian is a CIPFA qualified accountant with over 20 years of experience in designing and delivering financial management training for local authorities and other public service organisations. Ian’s training experience includes seminars for finance professionals, service managers and elected members. He has co-authored multiple Centre for Public Scrutiny publications on finance, budgeting, and scrutiny, for local governments.

What others are saying about LGIU training

Thanks for a fantastic session on finance! We had an excellent trainer — they broke a dry subject down very effectively and I would be interested in even more trainings on finance in the future.”

– Alastair, from Cardiff




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