Chris Mahony 25 January 2019

LGA faces financial headache

Smith Square has acknowledged the financial challenges it faces as it freezes subscriptions while grappling with declining Government grants and a pension scheme deficit.

A preliminary budget paper considered by the Local Government Association’s (LGA) leadership board this week assumes that the Improvement and Development Agency’s (IDeA) grant from the Ministry of Housing, Communities and Local Government will fall by 16% between 2017/18 and 2022/23 though the paper emphasises that the forecast is ‘for modelling purposes only’.

With balance sheet liabilities exceeding assets by £45m in March 2018 – largely due to the pension scheme deficits dwarfing the LGA’s assets – the paper notes that the association will need to continue to pay down the pension deficits.

The LGA will again have to use reserves to cover spending in 2019/20.

SIGN UP
For your free daily news bulletin
Highways jobs

Director of People

Lancashire County Council
£108,697 - £117,998
As a leader at Lancashire County Council, you’ll join an authority with real scale, courageous ambition and deep pride in place. County hall
Recuriter: Lancashire County Council

Director of Strategy and Transformation

Lancashire County Council
£108,697 - £117,998
As a leader at Lancashire County Council, you’ll join an authority with real scale, courageous ambition and deep pride in place. Preston, Lancashire
Recuriter: Lancashire County Council

Care and Support Assistant -Longlands

West Northamptonshire Council
13.52ph
About the role We are looking for a dedicated Care and Support Worker to join our team at Longlands Care Home in Daventry. In this rewarding role, you will provide compassionate, person-centred care to older people and those living with dementia, includin Daventry
Recuriter: West Northamptonshire Council

Highway Design and Construction Manager

Bolton Council
Grade N, scp50 £62,443 to scp53 £65,663 per annum, plus essential car user allowance
We embrace AI to enhance our operations and to innovate our services. Bolton, Greater Manchester
Recuriter: Bolton Council

Social Worker - Huddersfield Royal Infirmary

Kirklees Metropolitan Council
£38,220 - £40,777
Looking to appoint as a Level 2 or Level 3 Social Worker. Kirklees, West Yorkshire
Recuriter: Kirklees Metropolitan Council
Linkedin Banner