Local authorities have been warned that they face a “significant administrative headache” if they fail to comply with their duties as charity trustees.
Newly published draft statements of accounts for three financial years will contribute to “more robust” reporting in the future at Woking Borough Council, its political finance lead has said.
Around £1bn in cultural funding is at threat because of strained council budgets and the “messy and inefficient” bidding arrangements for individual projects, local leaders have warned.
