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| Launching a Brand New CIPFA Networks Service |
I am delighted to inform you of the upcoming launch of our new CIPFA Funding Advisory Service (FAS).
This new CIPFA network aims to examine (and tailor to each subscribing authority) an impact statement relating to all the funding streams currently available to your authority, explaining the drivers of change and sharing sensitivity analysis modelling projections, on how these grants are likely to impact your council's overall resource envelope, both in-year and over the medium term.
Balancing budgets and anticipating all revenue funding streams is not just good business in local government – it is a legal requirement, and this new network is designed to offer you maximum support in understanding what your grant levels will be, during these most uncertain times of austerity.
A change in the grant distribution formula, further reductions in financial support from central government and the increasing switch to more localised social, economic and business growth indicators, are all factors that will bring constant change to your actual grant levels.
For many practitioners these are changes that will prove very difficult to quantify and apply to their authority, so the launch (in September, 2014) of this new funding advisory service should prove to be very timely indeed – to help understand and anticipate these very complex funding areas.
Specific areas of grant support/ awareness that will be offered to members of the FAS, will cover the following:
• Formula Grant
• Retained Rates Scheme
• Council Tax & New Homes Bonus
• Social Care Integration
• Better Care Fund
• Other Specific Grants (including capital finance).
The FAS is a subscription based service and is competitively priced at £2,000 p.a. for District Councils, £2,500 for all other authorities. It is a CIPFA network which is offered in partnership with Pixel Financial Management Limited, who have been providing guidance and advice in these grant areas to authorities for many years.
This new service then, brings together significant policy, practitioner and technical expertise for authorities, that is simply unrivalled elsewhere.
If you are interested in knowing more about the Funding Advisory Service and/or you would like to register an interest in subscribing to the FAS, please contact Cliff.Dalton@cipfa.org Or Roman.Haluszczak@cipfa.org
This new CIPFA network aims to examine (and tailor to each subscribing authority) an impact statement relating to all the funding streams currently available to your authority, explaining the drivers of change and sharing sensitivity analysis modelling projections, on how these grants are likely to impact your council's overall resource envelope, both in-year and over the medium term.
Balancing budgets and anticipating all revenue funding streams is not just good business in local government – it is a legal requirement, and this new network is designed to offer you maximum support in understanding what your grant levels will be, during these most uncertain times of austerity.
A change in the grant distribution formula, further reductions in financial support from central government and the increasing switch to more localised social, economic and business growth indicators, are all factors that will bring constant change to your actual grant levels.
For many practitioners these are changes that will prove very difficult to quantify and apply to their authority, so the launch (in September, 2014) of this new funding advisory service should prove to be very timely indeed – to help understand and anticipate these very complex funding areas.
Specific areas of grant support/ awareness that will be offered to members of the FAS, will cover the following:
• Formula Grant
• Retained Rates Scheme
• Council Tax & New Homes Bonus
• Social Care Integration
• Better Care Fund
• Other Specific Grants (including capital finance).
The FAS is a subscription based service and is competitively priced at £2,000 p.a. for District Councils, £2,500 for all other authorities. It is a CIPFA network which is offered in partnership with Pixel Financial Management Limited, who have been providing guidance and advice in these grant areas to authorities for many years.
This new service then, brings together significant policy, practitioner and technical expertise for authorities, that is simply unrivalled elsewhere.
If you are interested in knowing more about the Funding Advisory Service and/or you would like to register an interest in subscribing to the FAS, please contact Cliff.Dalton@cipfa.org Or Roman.Haluszczak@cipfa.org
Many thanks
Cliff and Roman
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