As we move towards a radical change in local government funding, with the end of RSG by 2020, financial self-sufficiency is a key challenge for councils. Even those who are confident - and how many of these are there? - that their tax base will benefit from business rates localisation and housing development, are seeking to improve service-based income levels.
This is typically aligned to a move to become more commercial as an organisation - although there is often a lack of shared understanding of what commercial means (is it being entrepreneurial or being more business like, or a combination of the two?).
Our latest report provides up-to-date analysis on what we are seeing local authorities do in responding to these callenges.
Local government is under immense financial pressure to do more with less. The 2015/16 spending review is forecast to result in a £13 billion funding hole by 2020 that requires councils to make savings of up to 29 per cent. Local leaders are ready to be more commercial, and our report gives them the tools to maximise their ability to generate income and develop their income generation strategies by providing the following: