Buckinghamshire Council

(asked on 9th September 2024) - View Source

Question to the Ministry of Housing, Communities and Local Government:

To ask the Secretary of State for Housing, Communities and Local Government, what recent discussions her Department has had with Buckinghamshire Council on the adequacy of its financial reserves.


Answered by
Jim McMahon Portrait
Jim McMahon
Minister of State (Housing, Communities and Local Government)
This question was answered on 17th September 2024

Councils are responsible for their own financial management, and the department does not monitor their day-to-day business.

The Government is under no illusions about the scale of the pressures that local authorities are facing. We recognise the vital work that local councils do for their communities and stand ready to speak to any council that is experiencing financial difficulties.

The Government will work closely with councils to provide more stability through multi-year funding settlements, ending competitive bidding for pots of money and reforming the local audit system. Future local authority funding decisions will be a matter for the next Spending Review and Local Government Finance Settlement.

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