"With so many late announcements and continual changes to the financing of local government, the Financial Intelligence Toolkit is a life saver! We’ve subscribed for the last five years, to access the insightful, personalised, analytical summaries, and always sign up for the full package." Joe Chesterton, Director of Finance & Resources, Southend-on-Sea Borough Council
Equipping Your Finance Professionals to Deliver More With Less.
LG Futures provides a range of subscription services, through our Financial Intelligence Toolkit, to equip your finance professionals in delivering more with less. Details of the contents of each subscription are provided below.
Unsure how robust your resource planning is?
This extensive source of forward-looking online guidance, supplemented by dedicated interactive telephone and email support, informs and improves the robustness of your resource planning.
The Resource Planning Hub provides the latest detailed analysis at your fingertips on the main sources of local authority funding, including national developments, forecasts and trends.
Crucially, this also identifies the key implications arising, action required by local authorities and advice on how these factors could be treated within your financial strategy.
Clearly structured and regularly updated, with practically usable resources, including comparator tools, checklists, tables and diagrams, the full breadth of the main sources of finance will be covered.
There is in-depth focus upon locally raised sources of finance, including council tax; business rates and levels of appeals; fees and charges and use of reserves. This also covers RSG; top-up grant; NHB; and other general/specific grants.
For a demonstration of our Resource Planning Hub in action, please contact us at firstname.lastname@example.org.
Overloaded with complex funding developments?
Receive expert, timely and informative briefings on the national funding issues that will impact upon your authority.
Detailed Briefings - comprehensive coverage and analysis of funding announcements, including Spending Review; The Finance Settlement; Local Government Resourcing Consultations; and Major Policy Developments.
Monthly Updates - regular round-ups of topical finance issues.
E-Alerts - instant alerts, highlighting important announcements and funding opportunities.
Uncertain about your financial future?
Our comprehensive Medium-term Revenue Resource Forecast modelling tool provides continuously updated five-year forecasts for your individual authority, with full telephone and email support.
Forecasts take into account: Business Rates Income; New Homes Bonus; Revenue Support Grant; Council Tax; Fees and Charges; and Specific Grants.
The model allows assumptions to be changed both locally and nationally, and expenditure forecasts to be included, to show the medium term budget position.
The model is pre-populated with relevant data, including authorities’ NNDR1 and NNDR3 returns and national data e.g. resource levels and RPI projections. For 2018/19, the Model will allow the additional resources gained from pilot status and the one-off revaluation adjustment for 2018/19 to be determined.
Too much data, not enough interpretation?
Understand internal trends and authority comparators at regular points in the planning cycle.
Unit Costs Report - expenditure per unit of activity and savings that would potentially be achieved by moving to upper, median and lower quartile spending levels.
Savings Report - identifies changes in budgeted spending at individual service level and enables you to compare your savings with other authorities.
Fees and Charges Report - identifies fees and charges income as a proportion of service expenditure, showing where income is relatively low compared to other authorities.
Local Taxation Report - shows council tax and business rates trends, including taxbase changes, business rates growth, council tax levels and collection rates.