Written Questions are submitted by MPs or Lords to receive information from a Department.
|19 Sep 2018, 2:18 p.m.||Local Government Finance||Lord Kennedy of Southwark|
To ask Her Majesty's Government what assessment they have made of the concerns raised by the Society of Local Authority Chief Executives and Senior Managers about proposals from the Chartered Institute of Public Finance and Accountancy to devise a simplified approach to assess councils' financial resilience.
Answer (Lord Bourne of Aberystwyth)
The production of the resilience index is a matter for Charted Institute of Public Finance Accountancy (CIPFA). We are aware CIPFA have recently concluded a consultation of their proposed resilience index. I understand that CIPFA are considering the outcome of the consultation, including representations from sector organisations and senior managers within local government.