Introduction to Local Government Finance - 13th June

This course will provide an overview of local government finance by explaining how funding is received, legislative requirements and the terminology associated with revenue and expenditure.

COURSE OBJECTIVES
To provide a basic level of knowledge of local government finance including and overview of legislation, general terms, timescales, other related issues and current and future developments.

COURSE PROGRAMME

An Introduction to the Funding of Local Government

Local authority expenditure budgeting
How local government services are funded
Overview of council tax
Budget timetable

Local Government Revenue Finance Settlement

LGFS timetable
Overview of outcomes
Explanation of terms such as GAE, AEF

Local Government Expenditure Controls

Why expenditure is controlled
How expenditure is controlled

Local Government Capital Expenditure

Links between revenue and capital expenditure
Finance settlement process
The Prudential Code for Capital Finance in Local Authorities
Budgeting and monitoring of capital expenditure
Future developments

Public Accountability Framework

Annual financial statements
Best Value
Public Audit model
Internal audit
Performance Indicators

Edinburgh

Guide Price: £280 + VAT


Delivery: Classroom
Regions:
  • Scotland
Category: Finance & Investment