Guidance

Exceptional financial support for local authorities for 2023-24

Details of support granted to local authorities that have requested exceptional financial support in financial year 2023-24 and the associated external assurance reviews.

Applies to England

In respect of the financial year 2023-24 the government agreed to provide 8 councils with support to manage financial pressures via the Exceptional Financial Support framework (EFS). For 2 councils this included agreement to support for prior years.

Local authority In-principle capitalisation support agreed in respect of 2023-24 unless otherwise stated
Croydon £63.0m (support agreed in-principle)

£161.6m agreed in-principle covering:
2019-20: £126.0m
2020-21: £10.0m
2021-22: £14.4m
2022-23: £11.2m
Cumberland £40.0m (support agreed in-principle)
Kensington and Chelsea £51.8m (support agreed in-principle)
Lambeth £50.0m (support agreed in-principle covering 2023-24 to 2024-25)
Slough £31.6m (support agreed in-principle)
Thurrock £180.17m (support agreed in-principle)
£452.491m agreed in-principle for 2022-23

This was subsequently reprofiled to:
£40.0m agreed in-principle for 2022-23
£234.5m agreed in-principle for 2023-24
Westmorland and Furness £26.0m (support agreed in-principle)
West Northamptonshire £6.6m (support agreed in-principle)

Capitalisation directions

Lambeth Council capitalisation direction 2023-24 (PDF, 256 KB, 2 pages)

Assurance reviews

CIPFA local government finance review: Lambeth Council

Interventions in local authorities

Statutory intervention: London Borough of Croydon

Statutory intervention: Slough Borough Council

Statutory intervention: Thurrock Council

Updates to this page

Published 29 February 2024
Last updated 16 May 2024 + show all updates
  1. Added Lambeth Council capitalisation direction and assurance review.

  2. First published.

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