Topic: Finance

Local government funding and financial management.

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Swift Read: Greening public finance

A recent report by New Economics Foundation, titled Greening Public Finance, provides a useful roadmap for ensuring that the UK’s public finances contribute fully to the national target of “net zero” emissions by 2050.

England & Wales, Scotland Briefing
Members

Budget and Spending Review October 2021: economic and fiscal analysis

Of the various aspects of the Autumn 2021 Budget and Spending Review, this briefing focuses on the Office for Budget Responsibility’s October 2021 Economic and Fiscal Outlook report which assesses the feasibility of the Chancellor’s tax and spending plans in the context of the current fiscal rules.

England & Wales Briefing
Members

Autumn Budget and Spending Review 2021 – key announcements for local government

With COP26 just around the corner and levelling up dominating the UK Government’s policy agenda, today, the Chancellor gave his Budget statement outlining the government’s spending plans. The highlights for local government are summarised below and include the increase to local government grant funding, a reduction in the Universal Credit taper and the reform of…

England & Wales, Scotland Briefing
Members

The IFS 2021 Green Budget

This briefing deals with the Institute for Fiscal Studies (IFS) 2021 Green Budget, which the IFS normally publishes shortly before the Government’s annual Budget; this year’s Green Budget was published on 12 October, a little more than two weeks before this year’s Spending Review and autumn Budget on 27 October.

England & Wales, Scotland Briefing
Members

Swift Read: The impact of Covid-19 on Scotland’s public finances

This swift read summarises the main findings in the recent Audit Scotland report Tracking the impact of Covid-19 on Scotland’s public finances and the likely challenges to be faced by the Scottish Government through this winter and beyond.

Scotland Briefing
Members

Ireland’s Budget 2022 impact on local government

In the Budget 2022, the Government of Ireland continued with its reconfiguration of national and local spending to provide a clear view on moving towards carbon neutrality.

Ireland Briefing
Members

Considering rating: what should local governments look for?

This briefing looks at how rates are applied and considers the different approaches available to councils, and explores the basis of property valuation used for rating purposes, the use of differential rates and the application of a minimum rate or fixed charge. The principals of equity (capacity to pay and benefits received) are also considered.

Australia Briefing
Members

Pension income and costs in local authorities

This briefing is the latest in the series briefly examining the Local Government Audit Service (LGAS) Value For Money (VFM) reports. This particular briefing specifically looks at the LGAS VFM report produced in December 2018 on ‘An Overview of Pension Income and Costs in Local Authorities’.

Ireland Briefing
Members

Loans for Victorian local governments to improve services and infrastructure

This briefing is focussed on guidelines fromthe new Local Council Lending Framework, which provide an outline of the key steps, milestones, and criteria for Victorian local governments to successfully access loans from TCV, and how councils can make best use of this new low-cost funding source.

Australia Briefing