FINANCE

Resisting the 'spend your reserves' narrative

It is important we fully explain why we hold reserves, and what pressures and risks remain for local government with the significant increases in inflation and demand for services, says Tony Kirkham.

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By Tony Kirkham | 12 April 2022

As we firm up our outturn position for 2021-22 and close our accounts, there are two things to watch out for.

First, as the financial impacts of COVID on organisations have been difficult to predict, there may be surprises in the outturn figures.

Tony Kirkham

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Tony Kirkham

Popular articles by Tony Kirkham

  1. We need a new philanthropy
  2. It is not surprising councils' position in the job market is eroding
  3. Local government's finance community are left scratching their heads
  4. ALATS can aim to cultivate an environment supportive of finance chiefs
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©2024 Hemming Group Limited.