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
Assurance reviews
CIPFA local government finance review: Lambeth Council
Interventions in local authorities
Statutory intervention: London Borough of Croydon
Updates to this page
Published 29 February 2024
Last updated 16 May 2024 + show all updates
Last updated 16 May 2024 + show all updates
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Added Lambeth Council capitalisation direction and assurance review.
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First published.