FINANCE

CIPFA issues temporary s114 guidance

Council finance chiefs have been given new guidelines for dealing with financial collapse during the coronavirus crisis.

Council finance chiefs have been given new guidelines for dealing with financial collapse during the coronavirus crisis.

Under normal circumstances, chief financial officers would issue s114 notices to freeze spending to give them time to create a budget plan. However, halting expenditure during the pandemic could create problems responding to the crisis.

Heather Jameson

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