EFS disguising depletion of council reserves

Exceptional financial support (EFS) is masking the underlying financial health of upper-tier local authorities, with reserve levels predicted to be significantly lower without it, according to research by Room151.

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Analysis of the 2024/25 published draft accounts has found that usable revenue reserves for upper-tier authorities have fallen for the third consecutive year, revealing

EFS disguising depletion of council reserves

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