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Since its inception in February 2020, the CIPFA Financial Resilience Index has been an indispensable tool for evaluating the financial stability of local authorities. Now in its fifth iteration, the index continues to highlight crucial areas of concern.
But what keeps the Index so relevant? CIPFA public finance technical advisor Florence Bastos examines the position of 32 at-risk English councils and outlines how the index serves as an alarm bell for reform.