Calculating the councils costs of COVID

By Dan Bates | 26 May 2021

As we are in May, those of us in finance teams are turning our attention to the annual statement of accounts. Although not necessarily the most widely anticipated document, it will this year provide a record of the COVID impact on the financial health of the council.

Local government financial resilience is already under strain from years of funding reductions, coupled with increasing demands, particularly in social care. The pandemic has clearly added to these pressures as evidenced by one Section 114 notice and eight councils having received exceptional capitalisation support from the Government.

Want full article access?


Receive The MJ magazine each week and gain access to all the content on this website with a subscription.

Full website content includes additional, exclusive commentary and analysis on the issues affecting local government.

`

Already a subscriber? Login

Finance Coronavirus
Top

Coronavirus Update

x

In light of the ongoing coronavirus crisis, some of you may not be able to receive your copy of TheMJ magazine. If you’d like to change your delivery address, please contact our subscriptions department at customer@hgluk.com
Read The MJ for free

OR
Keep up to date by subscribing to our daily newsletter

theMJ products