The ‘majority of councils’ are not showing signs of major financial stress, the Chartered Institute of Public Finance and Accountancy (CIPFA) has claimed.
But around 10% of authorities have ‘some signs of potential risk to their financial stability’, the accountancy body has claimed, after it revealed its latest data tool for assessing councils’ fiscal position.
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