26 Deferred

Commit to longer-term funding programmes beyond the current UKSPF 3-year cycle

Recommendation
The Government needs to find a way to provide certainty of funding for a period of time which is more than the three years under the UKSPF. We have seen in the local government sector what a detrimental effect short-term financial funding settlements have had, and we receive repeated calls to press the Government for multi-year settlements. If the Government does not find a way to provide funding over a longer period, many organisations will find their programmes to be unviable, and a lot of important work will go undone. Therefore, we call on the Government to commit to a longer-term funding programme. (Paragraph 85) Funding for Levelling Up 41 Consultation with the Devolved Governments
Government Response Summary
The government states the UKSPF aligns with the three-year Spending Review cycle and will continue to consider feedback on longer-term funding during preparations for the next review.
Government Response
Deferred
HM Government Deferred
UKSPF is aligned with the Government’s three-year Spending Review cycle. As we work to prepare for the next Spending Review, we will continue to consider the feedback we have received that a longer-term allocation of funds would provide more certainty for delivery organisations and better outcomes for local places.
Addressee Bodies
Ministry of Housing, Communities and Local Government
Timeline
Recommendation age 3.0 yrs
Report published 26 May 2023