Paul Marinko 12 July 2023

Southampton at risk of section 114

Southampton City Council has been warned it risks having to issue a section 114 notice this financial year as it battles to save £20m from its budget.

The Chartered Institute of Public Finance and Accountancy (CIPFA) said the authority only delivered 39% of its planned savings last year and if that continued in 2023-24 it would achieve just £7.8m of the £20m target.

CIPFA added: ‘If the council does not bring spending under control and deliver savings in our opinion there is a significant risk to sustainability.

‘This would lead to the potential for considering a section 114 notice in the 2023-24 financial year.’

To continue reading visit The MJ (£).

If this article was of interest, check out this feature by Joanne Pitt, Local Government Policy manager at CIPFA: 'Preventing future Section 114 notices'.

Sign up here to receive our free daily news and jobs bulletin.

#Audit #Finance

Analysis

10 ways councils are making budgets go further

Discover 10 ways councils are stretching budgets further, from digital transformation and energy efficiency to community partnerships and data-driven decision-making.

Opinion

Without reform, no Budget can fix local government

Joanne Pitt, CIPFA Senior Policy Manager, argues the Autumn Budget must pair funding decisions with long-term reform to secure local government’s future.

Most Popular News

Coventry sets aside £27m to cover potential equal pay claims

Government publishes social cohesion action plan

Croydon LTNs to be scrapped by order of judge

Council backlash over asylum reforms

Councils urged to tackle family voting

New Products

Safeguarding Children - the AAT Way

MSL enhances hygiene auditing with air quality testing for Awaab’s Law compliance

Cadcorp launches Mapestry

Bolton Council Upgrades 120+ School Crossings with Smart CMS Control by Lucy Zodion

NEC CONTRACTS HAS GONE DIGITAL: PAPERLESS, TO GIVE YOU MORE

Vent-Axia Delivers Social Housing a Smart Ventilation Solution Ahead of Awaab’s Law

New remotely lockable cabinet will help manage medication for people with mental health issues

Case Studies

Acrospire Delivers Seamless Heritage Lighting Upgrade on Bath’s North Parade Bridge

Acrospire Delivers Retrofit Lighting for Newbridge’s Joe Calzaghe Footbridge

Acrospire Delivers PIR-Controlled Lighting at Ruislip Lido Car Park

Spennymoor Market Place and Consett Middle Street revitalised using Thorn Lighting’s Thor Lanterns and Customisable Gobo Projectors

Acrospire Partners with Bath & North East Somerset Council to Illuminate Historic Film Location with LED Upgrade

Believ to install 22 charge points across Redcar and Cleveland

Acrospire Enhances Harlington Underpass with Energy-Saving Vandal-Resistant Lighting

Company Anouncements

AAT helps Councils step up to address children’s social care

CU Phosco Approved as a Crown Commercial Service Supplier

Acrospire triumphs at the 2025 HEA Awards with Sustainable Project of the Year

TRT Lighting retrofit helps Lincolnshire County Council cut street lighting energy use by over 65%

Vent-Axia Welcomes Healthy Homes Standard

Vent-Axia Helps Tackle Condensation and Mould this World Ventilation Day

Airtech Calls For Urgent Government Action to Support Radon Awareness Week

School Crossing Patrol Officer - Thomas Willingale School

Up to £13.00 per hour

School Crossing Patrol Officer - Thomas Willingale SchoolPermanent, Term Time£13.00 per hourLocation