On 19 December 2023 we were issued with a Best Value Notice by the Department for Levelling Up, Housing and Communities (DLUHC).
The notice outlines concerns around debt relative to size, and reliance on commercial income as a substantial revenue source. Remaining in place for 12 months the notice represents a formal request to engage with DLUHC to provide assurance.
The Best Value Notice was issued following the publication of the independent capital assurance review undertaken by CIPFA in July 2023 which contained six recommendations.
The notice and review acknowledge that Runnymede Borough Council has engaged constructively, already taken action to mitigate risk, and has a strong grasp of its financial landscape. Since CIPFA’s review in July many of their recommendations have already been implemented.
- download a copy of our Best Value Notice
- visit the GOV.UK website to read the details around the Best Value Notice
- read the capital assurance review
- committee meetings
Programme Charter – Non-Statutory Best Value Notice Response
Help us improve this website
We are always looking for ways to improve our website, share your thoughts on how we can improve the information or structure of the site. If you would like, leave your email address for any updates on your suggestions.
To get in touch about a service we provide use our contact us form
Did you find this page useful?