According to initial findings from the Local Government Association’s (LGA) survey into council finances, of which 141 local authorities responded, 110 were able to indicate the year from which they were likely, on the basis of current funding, to no longer have enough money to fulfil all of their legal duties.
A third of councils said they fear they will run out of funding by 2022/23, and almost two-thirds by 2024/25.
The LGA, which estimates that local authorities face an overall funding gap of £8 billion by 2025, has released the findings as more than 1,400 local government leaders, councillors and ministers gather at its annual conference in Bournemouth today.
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