Agenda item

Local Government Finance Update

Minutes:

The Chairman invited Nicola Morton, Head of Local Government Finance, to present the report which provided a summary of the work by the LGA on funding and finance issues since the previous meeting including business rates, audit and capital.

The consultation responses seen at the previous Resources Board meeting had been submitted and a consultation response from the Department for Health and Social Care (DHSC) on the distribution of funding to support the reform of the adult social care charging system in 2023 to 2024 had been submitted.

 

Since the circulation of the report, the LGA had responded to a consultation on the temporary override on infrastructure assets and received positive response from PSAA on points made in the consultation response on the audit fees.

 

In response to queries from members, it was clarified that

 

  • There was a statutory requirement for revaluation information to be published by the end of December 2023. The LGA had been calling for an earlier release by the end of November 2022 but it was not clear when it would be published.
  • The LGA was pressing for Government to delay elements of the adult social care reforms and keep the funding for the reforms in the sector so they can be used to meet current inflationary and national living wage pressures.

 

Action:

 

That a link to an LGA report on the wider impact of local government spending on public services be circulated to members.

 

Decision:

 

Members noted the update.

 

Supporting documents: