COVID-19 and English council funding: What is the medium-term outlook?

Bericht

The COVID-19 crisis is having immediate effects on councils' budgets as a result of increases in spending on local services and reductions in income from sales, fees and charges (SFCs) and commercial activities. However, the crisis will cast a longer shadow on councils' finances. First, reductions in council tax and business rates revenues collected this year will feed through to budgets over the next three years. Second, some COVID-19-related spending pressures and reductions in revenues are likely to persist, and indeed could grow in a few cases. This report considers how councils' revenues and spending needs may evolve over the period to 2024-25, accounting for both the impact of COVID-19 and the pre-COVID funding outlook.

Angaben zum Objekt

• ISBN: 978-1-80103-004-5
• Sprache: Englisch

Verweise und Beziehungen

• Erschienen in: Series: IFS Report ; No. R179

Klassifikation und Themen

• Klassifikation: Wirtschaft
• Thema: Coronavirus ; Haushaltsplanung ; Wirtschaftsprognose ; England

Beteiligte, Orts- und Zeitangaben

• Ereignis: Geistige Schöpfung
• (wer): Ogden, Kate ; Phillips, David ; Spiliotis, Jean-Christophe
• Ereignis: Veröffentlichung
• (wer): Institute for Fiscal Studies (IFS)
• (wo): London
• (wann): 2020

Weitere Informationen

• DOI: doi:10.1920/re.ifs.2020.0179
• Handle: http://hdl.handle.net/10419/235065
• Letzte Aktualisierung: 10.03.2025, 11:42 MEZ