Source · Select Committees · Housing, Communities and Local Government Committee
Recommendation 6
6
Paragraph: 49
Additional capital flexibilities could help local authorities during financial distress.
Conclusion
We have previously recommended that the Government widens the funding base of local authorities and grants more flexibility over local taxes and other revenue raising powers. We therefore welcome the Government’s call for views on local authority capital flexibilities and believe that additional flexibilities may play a useful role in enabling local authorities to support themselves in times of financial distress.
Paragraph Reference:
49
Government Response
A response document is linked to this report, dated 26 March 2024. Response attribution to this conclusion has not been verified. Read the response document ↗