Title

FINANCE

Councils' finance plans must reflect what can actually be delivered

Iain Murray says that for councils' finance professionals, the practical focus is on testing whether savings are achievable, whether dependencies have been properly mapped and whether delivery capacity has been realistically assessed.

(c) Summit Art Creations / Shutterstock

Local government is entering a sustained period of structural reform at a time when financial planning is already under pressure. 

For many finance professionals, the issue is not whether reform makes sense, but how far it can be based on assumptions that will hold up in delivery. That question ran through discussions at the Chartered Institute of Public Finance and Accountancy's (CIPFA) recent head of internal audit summit.

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