CHARTERED INSTITUTE OF PUBLIC FINANCE AND ACCOUNTANCY

Reserves grow to £31bn, resilience index reveals

Councils’ reserves have grown to £31bn from £29bn in 2020-21, this year's edition of the Chartered Institute of Public Finance and Accountancy's resilience index has revealed.

article-author
By Ann McGauran | 20 December 2022

The 2022 edition of CIPFA's Resilience Index reveals that councils' reserves have grown to £31bn, up from £29bn in 2020-21.

Of the £31bn of reserves, £27bn has already been earmarked for future use, leaving only £4bn unallocated.

Ann McGauran

Popular articles by Ann McGauran

  1. Not all about the money
  2. Celebrating culture within Calderdale
  3. Gove slams mission boards chair appointments
  4. Budget: Chancellor promises to permanently lower business rates

SUBSCRIBE TO CONTINUE READING

Get unlimited access to The MJ with a subscription, plus a weekly copy of The MJ magazine sent directly to you door and inbox.

Subscribe

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

Login

Already a subscriber?

Ann McGauran

Popular articles by Ann McGauran

  1. Not all about the money
  2. Celebrating culture within Calderdale
  3. Gove slams mission boards chair appointments
  4. Budget: Chancellor promises to permanently lower business rates
footer-logo

©2024 Hemming Group Limited. Registered in England and Wales. Registered No: 490200. VAT number GB342 023 408