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17 Feb 22
North Yorkshire County Council is set to use £7.7m of reserves to balance its 2022-23 budget, to smooth the transition to becoming a new unitary authority by avoiding cuts.
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21 Jan 22
Harlow Council is set to raid its reserves to fund a reduction in council tax bills by £50 per property next year.
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4 Jan 22
An improved financial outlook means Peterborough City Council is unlikely to need to use capital financing flexibilities which it previously requested from central government, it has emerged.
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1 Dec 21
Wirral Council has approved a financial recovery plan which includes suspending a planned £5m investment to create a community bank, following a critical government-commissioned review.
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29 Nov 21
The London Borough of Croydon still needs to close a predicted £13m budget gap next year, despite hoping to receive £25m of financing flexibilities alongside proposed additional savings.
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22 Nov 21
The working balance of general fund reserves at cash-strapped Peterborough City Council is inadequate to deal with the financial risks the authority faces, according to its finance team.
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11 Nov 21
An improving financial position for Wirral Council has led to the authority reducing the level of expected government support this year by £3.5m, according to its finance chief.
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9 Nov 21
Liverpool City Council will need to make at least £18.7m from savings and additional income to help close a forecast £34m gap in next year’s budget.
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3 Nov 21
The government should not provide additional financial flexibilites to Peterborough City Council unless it offloads at least £43.5m of property, according to a review by CIPFA.
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13 Oct 21
The behaviour of senior officers at Thanet Borough Council fell below “the standard expected on a number of occasions”, with the cost of resulting investigations putting the authority’s financial...
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24 Sep 21
Nottingham City Council members have been warned that the use of reserves to balance its budget this year “is not recommended”, after a forecast £11m gap emerged.
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10 Sep 21
Derby City Council’s finance chief has voiced concerns about the authority’s position, after a budget gap of more than £11m emerged this year.
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23 Aug 21
Councils in England will be required to provide more information on reserve levels to the government, in a bid to improve Whitehall's understanding of financial risks.
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18 Aug 21
Shetland Island Council must reduce its reliance on reserves to help manage budgetary pressures in future years, according to the authority's finance chief.
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7 May 21
The London Borough of Lambeth will refund up to £26.6m in overcharged water fees to its tenants, after a high court appeal failed.
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19 Feb 21
Reserve levels at councils in England dropped during 2019-2020, prior to the onset of the Covid-19 pandemic, according to analysis from CIPFA.
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3 Feb 21
Lincolnshire County Council is set to use £12m of its reserves to fund additional business support help small firms in the area.
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27 Nov 20
City of Edinburgh Council’s use of its general fund reserves is unsustainable and will be unable to cover future economic shocks, Audit Scotland has warned.
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4 Nov 20
Ipswich Borough Council has approved plans to use all but £50,000 of its usable reserves above its legal buffer by March 2024, to help offset future Covid-19 pressures.
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14 Oct 20
Manchester City Council says it could face a funding gap of £135m next year as a result of financial pressures relating to Covid-19.
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19 Aug 20
Councils lack the necessary reserves to meet the £2bn shortfall local authorities still face from the impact of Covid-19, according to the Institute for Fiscal Studies.
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6 Aug 20
Cornwall Council is to become the first council in England to pass on government funding and provide financial support for parish and town councils impacted by the coronavirus pandemic.
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30 Jun 20
The Royal Borough of Windsor and Maidenhead has been warned it could be forced into a section 114 notice in a CIPFA report which found a flawed process for setting reserve levels.
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28 Jun 18
Local authorities could be rated on their financial resilience to help them with financial management under proposals from CIPFA.
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23 May 18
Northamptonshire County Council could face a 60% higher bill than expected for misspend public health grants, an independent audit report has found.
17 Feb 22North Yorkshire County Council is set to use £7.7m of reserves to balance its 2022-23 budget, to smooth the transition to becoming a new unitary authority by avoiding cuts.
21 Jan 22Harlow Council is set to raid its reserves to fund a reduction in council tax bills by £50 per property next year.
4 Jan 22An improved financial outlook means Peterborough City Council is unlikely to need to use capital financing flexibilities which it previously requested from central government, it has emerged.
1 Dec 21Wirral Council has approved a financial recovery plan which includes suspending a planned £5m investment to create a community bank, following a critical government-commissioned review.
29 Nov 21The London Borough of Croydon still needs to close a predicted £13m budget gap next year, despite hoping to receive £25m of financing flexibilities alongside proposed additional savings.
9 Nov 21Liverpool City Council will need to make at least £18.7m from savings and additional income to help close a forecast £34m gap in next year’s budget.
13 Oct 21The behaviour of senior officers at Thanet Borough Council fell below “the standard expected on a number of occasions”, with the cost of resulting investigations putting the authority’s financial...
24 Sep 21Nottingham City Council members have been warned that the use of reserves to balance its budget this year “is not recommended”, after a forecast £11m gap emerged.
10 Sep 21Derby City Council’s finance chief has voiced concerns about the authority’s position, after a budget gap of more than £11m emerged this year.
23 Aug 21Councils in England will be required to provide more information on reserve levels to the government, in a bid to improve Whitehall's understanding of financial risks.
18 Aug 21Shetland Island Council must reduce its reliance on reserves to help manage budgetary pressures in future years, according to the authority's finance chief.
7 May 21The London Borough of Lambeth will refund up to £26.6m in overcharged water fees to its tenants, after a high court appeal failed.
19 Feb 21Reserve levels at councils in England dropped during 2019-2020, prior to the onset of the Covid-19 pandemic, according to analysis from CIPFA.
3 Feb 21Lincolnshire County Council is set to use £12m of its reserves to fund additional business support help small firms in the area.
27 Nov 20City of Edinburgh Council’s use of its general fund reserves is unsustainable and will be unable to cover future economic shocks, Audit Scotland has warned.
14 Oct 20Manchester City Council says it could face a funding gap of £135m next year as a result of financial pressures relating to Covid-19.
19 Aug 20Councils lack the necessary reserves to meet the £2bn shortfall local authorities still face from the impact of Covid-19, according to the Institute for Fiscal Studies.
6 Aug 20Cornwall Council is to become the first council in England to pass on government funding and provide financial support for parish and town councils impacted by the coronavirus pandemic.
30 Jun 20The Royal Borough of Windsor and Maidenhead has been warned it could be forced into a section 114 notice in a CIPFA report which found a flawed process for setting reserve levels.
