Title

FINANCE

Payment by results 'can ease cash fears'

According to the Audit Commission payment by results can offer councils a management tool for easing financial pressures.

Payment by results can offer councils a management tool for easing financial pressures and improving local services, according to the Audit Commission.

The local government watchdog has published a briefing document – Local payment by results – which suggests the system can help transfer financial and operational risks to other organisations, and even allow councils to defer costs.

SUBSCRIBE TO CONTINUE READING

Get unlimited access to The MJ with a subscription, plus a weekly copy of The MJ magazine sent directly to you door and inbox.

Subscribe

Full website content includes additional, exclusive commentary and analysis on the issues affecting local government.

Login

Already a subscriber?