Source · Select Committees · Housing, Communities and Local Government Committee
Recommendation 4
4
Paragraph: 34
Second purpose: enable stakeholders to understand resource use and hold authorities accountable
Conclusion
We believe that the second purpose of local authority accounts is: To enable council taxpayers, businesses, central government, and other sources of funding to understand what money the local authority has received (including council tax, government grants and borrowing) and how the authority has used its resources, so they can hold the authority to account for its spending decisions.
Paragraph Reference:
34
Government Response
A response document is linked to this report, dated 5 February 2024. Response attribution to this conclusion has not been verified. Read the response document ↗