LGA Responds to Local Government Finance Settlement

Local Government Association | February 08, 2016

LGA Responds to Local Government Finance Settlement
"The LGA has been working hard with the Government on behalf of all councils - both publicly and privately – to highlight the financial challenges they face over the next few years. We are pleased it has listened to our fundamental call for new money to be found to smooth out funding reductions for some councils in 2016/17 and beyond without any other councils losing out further as a result.  "Extra funding of up to £416 million, which includes an extra £93 million for rural authorities, announced today will go towards easing the financial pressure on those local authorities who were adversely affected by the method of allocating funding and will ensure that no council will move into a negative grant funding position within the next three years. Allowing all local authorities – not just the 51 districts with the lowest council tax bases – to raise their Band D council tax by £5 will also help some councils mitigate some of the additional funding pressures they face in 2016/17 and beyond. "Funding reductions will still be challenging for councils over the next four years. Any extra cost pressures, such as those arising from rising demand or policies such as the National Living Wage, will have to be funded by councils finding savings from elsewhere. Many will have to make significant reductions to local services to plug funding gaps and will be asking residents to pay more council tax while possibly offering fewer services in return as a result.

Spotlight

Marc Gonzales's speech as incoming president of the GFOA Executive Board. Recorded at the 2016 Annual Conference in Toronto, Ontario. Gonzales is an ex officio member of GFOA’s Committee on Retirement Benefits Administration and previously was an ex officio member of GFOA’s Committee on Governmental Budgeting and Fiscal Policy. He has served on the GFOA Executive Board since 2011, was a member of GFOA’s Committee on Governmental Budgeting and Fiscal Policy from 2008 to 2011, and has been a reviewer for GFOA’s Distinguished Budget Presentation Award Program since 2010. His government has received the Certificate of Achievement for Excellence in Financial Reporting for 20 years and the Distinguished Budget Presentation Award for 19 years.


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Spotlight

Marc Gonzales's speech as incoming president of the GFOA Executive Board. Recorded at the 2016 Annual Conference in Toronto, Ontario. Gonzales is an ex officio member of GFOA’s Committee on Retirement Benefits Administration and previously was an ex officio member of GFOA’s Committee on Governmental Budgeting and Fiscal Policy. He has served on the GFOA Executive Board since 2011, was a member of GFOA’s Committee on Governmental Budgeting and Fiscal Policy from 2008 to 2011, and has been a reviewer for GFOA’s Distinguished Budget Presentation Award Program since 2010. His government has received the Certificate of Achievement for Excellence in Financial Reporting for 20 years and the Distinguished Budget Presentation Award for 19 years.

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