CIPFA Comment: PAC local government finance overview

02-02-2022

In response to the Public Accounts Committee's (PAC) recent report, CIPFA Local Government Policy Manager, Joanne Pitt said: "We welcome the committee’s report and the recognition that current funding levels for local government are unsustainable, to the detriment of public services.

"CIPFA shares a number of the committee's concerns, including those around risky borrowing practices, a lack of coordination from central government around funding of the net zero agenda and the ongoing issue of audit timeliness.

"The government must now focus on delivering a clear and long-term funding strategy to ensure local authorities, and the public services they provide, are put back on a firm footing."

Notes to editor

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CIPFA, the Chartered Institute of Public Finance and Accountancy, is the professional body for people in public finance. CIPFA shows the way in public finance globally, standing up for sound public financial management and good governance around the world as the leading commentator on managing and accounting for public money. 

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