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Council finance crisis: is it time to review the annual requirement to balance budgets?

(LATIF North)

With 30 local authorities seeking government support to balance their budgets this year and statutory overrides being implemented to ‘ease pressure’ on councils, should the government reconsider the requirement to balance budgets annually?

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Over the past 10 to 15 years, councils have found it increasingly difficult to balance their budgets, with speakers and delegates at Room151’s Latif

The government has launched a consultation on its proposed business rates reset, potentially leading to a significant redistribution of council funding.

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