Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/235065 
Year of Publication: 
2020
Series/Report no.: 
IFS Report No. R179
Publisher: 
Institute for Fiscal Studies (IFS), London
Abstract: 
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.
Persistent Identifier of the first edition: 
ISBN: 
978-1-80103-004-5
Document Type: 
Research Report

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