Abstract
A policy briefing by City-REDI on the local authority financial crises. Using SEIM-UK, a multi-region input-output model, researchers analysed Birmingham City Council's (BCC) plans to raise taxes and make a collection of spending cuts to address a £300 million shortfall.
The analysis finds that all actions tend to hit households on lowest incomes the hardest. However, the impact of council tax rises are found to be the least regressive option.
Policy recommendation: Local Government should consider the distributional effect of their actions to address funding crises. Our analysis suggests that council tax rises may be the least regressive option.
The analysis finds that all actions tend to hit households on lowest incomes the hardest. However, the impact of council tax rises are found to be the least regressive option.
Policy recommendation: Local Government should consider the distributional effect of their actions to address funding crises. Our analysis suggests that council tax rises may be the least regressive option.
| Original language | English |
|---|---|
| Publisher | University of Birmingham |
| Number of pages | 8 |
| Publication status | Published - 12 Sept 2024 |
Keywords
- Local councils
- local government
