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. In August 2023, the Council provided DLUHC with an initial response to the recommendations in the CIPFA review including next steps to be taken at that time. This action plan is now being delivered as one of the workstreams in the Council’s non-statutory Best Value Response programme and is described as such in the Programme Charter.
Relevant documents are provided in chronological order below:
- read the CIPFA capital assurance review (July 2023)
- Council’s Response to the CIPFA Capital Assurance Review (Aug 2023) - pdf document
- download a copy of our Non-Statutory Best Value Notice (19 Dec 2023)
- visit the GOV.UK website to read further details around the Best Value Notice
- read the Committee report informing Full Council of the Best Value Notice (Jan 2024)
- read the Committee report requesting a budget to support the response to the Best Value Notice (Feb 2024)
- Programme Charter – Non-Statutory Best Value Notice Response programme Feb 2024) - pdf document
We always look for ways to improve our website. Share your feedback on how we can improve the information or structure of this web page.
To get in touch about a service we provide, use our contact us form
Did you find this page useful?