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

‘Toxic’ 15-minute city phrase cut from Oxford local plan

£2.8bn wages hike looms amid unions pay demands

WhatsApp probe finds councillors in breach of code of conduct

Councils fear exclusion from pay negotiations

Eleven cities lead in living standards growth, research finds

New Products

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

UK-first tool developed by Bluesky scores areas green credentials to aid urban planners

New partnership drives improved air quality and healthier homes in social housing

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

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

Vent-Axia’s New Smart Fan Helps Landlords Stay Ahead of Awaab’s Law

Lucy Zodion recognised as sustainability leader with Build Back Better GREEN Award for HAWK3

Director of Social Work and Social Care

£100,731 to £104,625

You will join a values-driven senior leadership team, providing visible and responsive leadership. Manchester

Recuriter: Trafford Council

Housing Ombudsman

£130,095 per annum, negotiable based on experience.

The Housing Ombudsman Service allows colleagues to choose if they wish to work in the London office, from home or a hybrid of the two London (Greater)

Recuriter: Housing Ombudsman Service

CIPFA Trainee

£31537 - £40777

You’re eager to build a career in public finance and committed to completing the CIPFA Level 7 Apprenticeship. You meet the eligibility criteria (including being under 22 years of age before studies commence, based on central government funding criteria Oxford

Recuriter: Oxfordshire County Council

Peripatetic Customer Service Advisor

25583 - 29064

The role is customer facing and involves continual interaction with users of the library and library customer service advisers. The staff member delivers events within the library but will need to build and maintain relationships with the wider community. Henley-on-Thames

Recuriter: Oxfordshire County Council