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Fixing a funding formula local government minister agrees ‘doesn’t work’: SIGOMA chair on needed reforms

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A new local government funding formula must be based on deprivation levels and updating the council tax base, according to Sir Stephen Houghton, chair of SIGOMA, whose organisation launched a report on the future of funding this week in front of MPs.

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One of those MPs was Jim McMahon, the local government minister, who acknowledged that the current funding formula “doesn’t work for any part of

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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