Final independent financial review report on 2017/18 savings

The second and final report from the LGA-co-ordinated independent financial review team is now available. Commissioned jointly by Birmingham City Council and the Birmingham Improvement Panel, the review looks at the way the city council has developed its 2017/18 savings proposals.

The first stage of the review took place in mid-December 2016, with the report published on 5 January this year.

The follow-up visit took place on the 23rd and 24th of January and this second report sets out the main findings.

The review team is made up of experienced senior officers and an elected council leader from within the local government sector, and is tasked with providing external assurance and due diligence on the 2017/18 budget plans of the council. A full summary of the Terms of Reference is attached to the report.

Cllr John Clancy said: “I’d like to thank the Independent Financial Review panel for their expert input and hard work over the past few weeks in analysing and advising on Birmingham City Council’s 2017+ budget plans. This has been an extremely useful process and I welcome the panel’s findings.

“As the panel notes, we have spent valuable time developing our delivery plans. The report says we now have in place plans which show greater clarity and consistency in how we will implement the savings and the huge cuts we have to make.

“We take on board absolutely the panel’s advice that the council must remain focused on delivering the substantial financial savings set out in the 2017-18 budget and that the scale and pace of change required should not be underestimated.”

Chief executive Mark Rogers added: “There is of course plenty more work to do to be fully confident that we can deliver £78m of savings in the coming year and we have very challenging times ahead, as with all of our local government colleagues. However, it is good to have the reassurance of peers that we are broadly on the right path and I would like to thank everyone who took part in this review.”

The report can be found here: Birmingham Independent Finance Review – Feedback Report2Final.

 

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