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

School Crossing Patrol

Durham County Council
Grade 1 £4,077.42 (approx.) £12.45 per hour
Join our School Crossing Patrol Service! Are you punctual and reliable? Do you have good communication skills and a strong sense of community spirit? Durham
Recuriter: Durham County Council

School Crossing Patrol

Durham County Council
Grade 1 £5,263.05 (approx.) £12.45 per hour
Join our School Crossing Patrol Service! Are you punctual and reliable? Do you have good communication skills and a strong sense of community spirit? Durham
Recuriter: Durham County Council

School Crossing Patrol

Durham County Council
Grade 1 £4,887.12 (approx.) £12.85 per hour
Join our School Crossing Patrol Service! Are you punctual and reliable? Do you have good communication skills and a strong sense of community spirit? Peterlee
Recuriter: Durham County Council

Library Assistant

Durham County Council
Grade 4 £25,583 - £26,824 pro rata
Do you have a love of books? A passion for helping people and the community?   2 Temporary 20.5 hours per week opportunities are available for 1 year Durham
Recuriter: Durham County Council

Operations Co-ordinator

Wakefield Council
£16,030.50 - £17,217.00, Grade 7, 18.5 hours, Permanent
We are seeking one part time 18.5 hours per week Operations Co-ordinator position Wakefield, West Yorkshire
Recuriter: Wakefield Council
Linkedin Banner