Fair Funding Review - Implications for Local Authorities from the Consultation Paper (December 2017)

Networks

Event summary

This event will cover the effect of the Autumn Budget 2017 and local government final settlement on the current and future external funding of local government as we move further into this budgetary period.

Date

22 February 2018
Starts: 10:00
Ends: 16:00

Location

CIPFA Mansell Street
77 Mansell Street
London
E1 8AN
[See map]

Standard price

£275.00 excl VAT

Network Member Price

£195.00 excl VAT

*the event has started.

About this event

This event will cover the debate and discussion around the Fair Funding Review (FFR) in local government. We will take an in-depth look at the current funding formula, with a specific focus on relative needs, relative resources, needs indicators and the four-block model. Proposed variations to the current formula will be examined including the effects of limiting thresholds, flat per-head funding and the options for adult and children’s social care.

An 'open source' fair funding model will be unveiled which will help officers understand the potential impact of the FFR in their budgeting and financial planning. At the event we will walk through the model to ensure that delegates have a full understanding of how changes in data and formulae might affect funding allocations. The model will be available to CIPFA FAS subscribers.  

Finally, the combined effects of business rate retention and Fair Funding changes will be examined and debated to give a fuller picture of the future direction of the local government funding and resourcing.

Who should attend?

Those who should attend include: chief accountants, financial planners, budget specialists, service accountants, finance lead members and directors of finance. In effect all those who are involved in the budgetary and financial planning process for the local authority.

How will I benefit from attending the event?

Delegates will obtain a better understanding of the future funding regime for local government and how to deal with it in financial planning and budgeting. This will make predictions and forecasting more measured and accurate for financial planning and budgeting purposes.

CPD hours

Six hours.

Topics

  • Accounting
  • / Capital finance
  • / Financial management
  • / Governance
  • / Local government
  • / Performance improvement and policy
  • / Property
  • / Revenues and benefits

Download programme schedule

PDF 199.25 KB

Speaker - Adrian Jenkins, Pixel Financial Management

Adrian Jenkins

Adrian has a background in local government and has considerable experience of financial planning, financial strategy and forecasting. He has been involved in grant settlements both as a practitioner within local authorities, and as an external advisor. He has also advised numerous representative groups (LGA, Sparse, Central London Boroughs, HEA SIG) and lobbying campaigns. Within Pixel, Adrian’s focus is to work with local authorities to help them forecast grant funding and to understand grant settlements. He understands the pressures local authorities are under in the run-up to budget setting, and the information and analysis they need.