Title

FINANCE

Crossing the capability chasm

Local government finance leaders are very clear about what they want to focus on, but there is a widening gap between strategic aspiration and operational bandwidth, says Simon Christian.

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Readers will know all too well the sustained pressures that local government finance has operated under for almost two decades. The challenge of delivering results against ever-reducing funding and evolving expectations will sound familiar. It was ever thus. Or was it?

New research by Grant Thornton has uncovered a change: those in local government have reached a shift in the situation, an inflexion point in where we now stand. Far from being concerned about what they are expected to deliver, finance leaders are confident it is the ‘how' that is shaping their approach and thinking.

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