Business Rate Retention and the Fairer Funding Review are important steps towards reforming local government finance; but we believe that to achieve a sustainable system we need a much broader and more radical conversation post 2020.
We think that conversation needs to cover five key areas and a raft of topics that all have pros and cons but which should all be part of the discussion.
This scorecard is intended to kick start that conversation. In it we outline the key features of some of the ideas for local government finance reform which are out there but which are not currently on the table.
We describe what they are, their advantages and disadvantages, what sort of places they would benefit and where they have been tried.
Each idea has been given a score by the LGiU team based on their feasibility and their impact. Your score may be different and if so we’d love to hear from you.
We want to hear your views on the options in the Scorecard. Write as much or as little as you like – we want to hear from as many people as possible. We will be using this feedback to inform our pre-Autumn Budget campaign calls.