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Finance policy statement offers insights into local government funding future

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The local government finance policy statement for 2026/27 to 2028/29, published today (20 November), provides key clarifications on a range of topics and follows broader statements made earlier by the government on the intent of its funding reforms.

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Topics such as funding formula changes, transitional arrangements, the streamlining of funding, a business rates reset, and exceptional financial support (EFS) were addressed in

A large cohort of CFOs have been put back into a “washing machine of turmoil” following the government’s decision to pause and review local government reorganisation (LGR).

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