Item 5 - Local Government Update (L137)

Summary
 
This report updates Leaders’ Committee on the financial impact of the COVID-19 pandemic on London local government in both 2020-21 and 2021-22. 
 
It also outlines the proposed priorities and lobbying activity ahead of the Spending Review, due in the autumn, and provides an update on the other reforms that could affect local government finance in the next year including the Treasury’s fundamental review of business rates, and the wider reforms to local government finance system that the Government has committed to undertake. 

Recommendations

Leaders’ Committee is asked to:
note the latest Covid-19 financial impact and immediate priorities with regard to funding for the remainder of 2021-22;  
discuss the proposed priorities and lobbying activity ahead of Spending Review 2021; and
note the latest progress with regard to the wider reforms of the finance system.