Financial & Service Planning

We specialise in the integration of strategic planning with financial and service planning, including the use of our innovative ‘strategic resource allocation’ methodology. This provides a structure that allows organisations to challenge the way in which they allocate resources between services, including the use of benchmarking, option appraisal and forecasting tools.

Increasingly, local authorities request to work with us on a long-term basis. This enables us to provide comprehensive oversight of and support for the entire revenue and capital budget processes.

Examples of our work include:

• Developing robust medium term financial strategies, ensuring that these reflect the financial implications of delivering organisational objectives
• Developing financial models to predict the potential long-term costs of services, based upon population changes, demand and supply
• Leading value for money and fundamental service reviews, developing option appraisals and business cases for specific service developments and projects
• Identifying and realising budget and efficiency savings
• Assessing the funding and budgetary implications of local authority mergers, including unitary status
• Conducting budget prioritisation and consultation exercises with key stakeholders

"LG Futures undertook a valuable and challenging assessment for us on the financial issues that Ealing Council faces in delivering services during the economic downturn. We found the strategic overview that the LG Futures' team provided, to be a very useful contribution to our thinking on our Medium Term Financial Strategy. We were particularly pleased with the timeliness and the quality of advice offered during the assignment."