Call for evidence
Terms of Reference
The Committee is inviting submissions on the scale and depth of financial sustainability issues within local authorities with the potential to lead to the issuing of S114 notices, including the effect of commercial investments and the impact of Covid-19, and the role of central government in helping councils avoid this outcome. In considering this question, submitters may wish to address:
• Those issues likely to cause impact the financial sustainability of local authorities, specifically structural funding issues (including grant funding), commercial investment decisions and the impact of Covid-19;
• The scale of the problem, including assessment of CIPFA’s resilience index;
• The role of MHCLG, including oversight of the Prudential Framework, capitalisation and reform of the Public Works Loan Board (PWLB);
• What measures could help to stop, or reduce the number of, further S114 notices being issued.
This call for written evidence has now closed.Go back to Local Authority Financial Sustainability and the Section 114 Regime Inquiry