“Local authority funding reform: objectives and principles”
This consultation sought views on the approach to determining funding allocations for local authorities and covered ways we can reduce demands on local government and increase local flexibility, for example through changes to the sales, fees and charges landscape and funding consolidation.
SEC’s Management Committee said:
“To fix the foundations of local government funding, of course, allocations must be fair.
However, in terms of principles, SEC believes that it would be mutually beneficial for the nations and regions for the permanent shift in power away from the centre to include serious and meaningful fiscal devolution with a stronger relationship between tax, spend and local growth.
The “reward” for local authorities for local business rates growth should be expanded upon, with the objective in mind of delivering a closer relationship between local tax retention and driving local growth and infrastructure projects.”
Our full response to this consultation can be accessed here.
