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Local Authority Finance

Part of Oral Answers to Questions — Communities and Local Government – in the House of Commons at 2:30 pm on 15th December 2014.

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Photo of Kris Hopkins Kris Hopkins The Parliamentary Under-Secretary of State for Communities and Local Government 2:30 pm, 15th December 2014

No local authority has not been able to secure its budget, and each year, as dramas and challenges have arisen, they have faced them and dealt with them. Furthermore, we should not forget that about £2.1 billion is lost to error or fraud and that, despite the challenges, local authorities have managed to grow their reserve base to £21.2 billion.