Local Government Finance Settlement 2013-14

Part of the debate – in the Scottish Parliament on 27th November 2012.

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Photo of Chic Brodie Chic Brodie Scottish National Party

The cabinet secretary should be aware that, in the past financial year, South Ayrshire Council underspent its budget by just over £7 million and, after provisions, reserves and overspends, still had a net underspend of £3.7 million. It also invested £7 million in Birmingham City Council and Salford City Council at approximately half the Bank of England base rate.

Will the cabinet secretary reaffirm the guidance that the Government and COSLA have given on local council investment and spend strategies? Will he consider the involvement of the Accounts Commission and Audit Scotland to ensure that South Ayrshire Council and others fulfil their expenditure and monetary responsibilities in the current economic climate and in the future?