Recommendations
Leaders’ Committee is asked to note and discuss the contents of the report.
Item 5 - Local Government Finance Update (27/7)
Summary
This report updates Leaders’ Committee on the latest issues relating to local government finance, including the Government’s planned funding reforms, the rising costs of inflation, high needs deficits, adult social care reform, concerns regarding the 2021 Census, and reforms to Homelessness funding.
It also looks ahead to London Councils’ priorities for lobbying on local government finance and funding for the next 18 months, which fall within two broad areas: ensuring fair levels of funding for all parts of London that reflect its unique needs and inequalities; and establishing an updated vision for greater financial autonomy in London local government.