Local government finance
Local government in England and Wales is funded by grants from central government (about 48%), business rates (charged to local companies – about 25%) and council tax (charged to local people – also about 25%). The rest comes from sources such as car parks, parking permits and the hire of sports facilities.
Staff in local government often find themselves delivering services on a very tight budget, which requires good financial management skills. The way council money is spent must be closely accounted for as it is constantly held up to public scrutiny.
You can find out about the latest local government finance information on the Local Government Association Analysis and Research website.
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