Councillor workbook: local government finance
local government finance The detailed finance rules and regulations for local councils are complex and ever-changing. However, over the past few years, there has been a significant change in the overall approach to local government funding. These key changes are outlined below. Prior to 2010 – councils operated in a highly
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Annex 2 - GOV.UK
assets.publishing.service.gov.ukAs such, the CFO must lead on a local authority’s financial functions and ensure they are fit for purpose. CFOs must be professionally qualified and suitably experienced. In correspondence with the Local Government Finance Act 1988 the CFO must be a member of one of the following bodies in order to qualify as a responsible officer: