Watchdog says 10% of local authorities face shortfall after dipping into ‘rainy day funds’One in 10 councils with social care obligations will have exhausted their reserves within the next three years if the current rate of expenditure continues, according to findings by Whitehall’s spending watchdog.A report by the National Audit Office found that local authorities in England are routinely raiding their “rainy day funds” to cope with an increase in demand on services. Continue reading…
Via: Stretched councils raid reserves to cope with social care, NAO warns

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