Local Government Finance

Ministry of Housing, Communities and Local Government written question – answered on 19th September 2018.

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Photo of Lord Kennedy of Southwark Lord Kennedy of Southwark Opposition Whip (Lords), Shadow Spokesperson (Home Affairs), Shadow Spokesperson (Communities and Local Government), Shadow Spokesperson (Housing)

To ask Her Majesty's Government what assessment they have made of the concerns raised by the Society of Local Authority Chief Executives and Senior Managers about proposals from the Chartered Institute of Public Finance and Accountancy to devise a simplified approach to assess councils' financial resilience.

Photo of Lord Bourne of Aberystwyth Lord Bourne of Aberystwyth The Parliamentary Under-Secretary of State for Wales, Parliamentary Under-Secretary (Housing, Communities and Local Government)

The production of the resilience index is a matter for Charted Institute of Public Finance Accountancy (CIPFA). We are aware CIPFA have recently concluded a consultation of their proposed resilience index. I understand that CIPFA are considering the outcome of the consultation, including representations from sector organisations and senior managers within local government.

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