For more than two years Coventry has been open and transparent that nearly all local authorities – of different sizes and political colours – are facing unprecedented financial challenges due to long-term underfunding in the sector.
This year, as a result of a better than expected funding package from the government, coupled with the Council’s rigorous and careful approach to its financial planning, means our financial outlook is better than expected.
However, our financial challenges are still there as the Council tries to deal with the impact of chronic historical underfunding.
We've put together these webpages to help explain the situation and detail what we're doing about it. You can also find a briefing from Cllr Richard Brown, Cabinet member for Strategic Finance and Resources, below.
