Monday, 4 August 2014

Council Spending ‘Cut By Nearly One-Third since 2010’

Council spending will have fallen by nearly 30% by the end of the current parliament as a result of government funding reductions, an analysis of expenditure by CIPFA has found. The data, compiled by CIPFA and the CLG as part of the 2014/15 Revenue Account Budget Estimates return, means council spending will have fallen back to the level of 2005/06 in cash terms. The cash reduction in per capita spending between 2009/10 – the last year of the previous Parliament – and 2014/15 will be 14.5%. However, this rises to 29.1% when adjusted to take account of inflation over the period. Read more on the Public Finance website.

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