Source · Select Committees · Public Accounts Committee
Recommendation 13
13
Treasury provides £45 million for local authority audit services, considering continued future funding
Conclusion
The Treasury told us that it was providing £45 million of funding to MHCLG to support local authorities in purchasing audit services. It confirmed that such funding was to address where audit costs have risen faster than fees paid.27 We challenged the Treasury and MHCLG about whether it would need to continue funding the audits of local authorities in future. The Treasury did not rule out doing so going forward.28