Summary

Local government is well rehearsed in the need to increase efficiency and reduce spend, but during these well documented periods of austerity, it is important to look to new measures of income generation.

Generating income is about more than increasing congestion, waste and parking charges. It is about restructuring service models to make use of assets, mutuals, social enterprises, co-payments and trading to ensure that local government can survive hardship to emerge leaner.

This policy briefing explores new and innovative ideas from entrepreneurial councils demonstrating the delivery of new service models, the management of assets and the opportunities available in revenue generation. This briefing will keep your council at the cutting edge of best practice, whilst developing new income streams to enable you to provide better services for your area.

Learning outcomes. Users will:

• Look to the future of service models in income generation through the devolution of power and finance autonomy
• Analyse the role of new fiscal measures and potential revenue streams
• Assess the potential for local government revenue
• Explore the value of utilising local government assets for revenue generation
• Look to ways in which social enterprises and mutuals can play a role in sourcing new revenue streams
• Explore the role of outsourcing in incentivising markets to generate income
• Assess the value of co-payments in generating income
• Benefit from video presentations demonstrating best practice examples on private-public partnerships in generating vast income and reducing expenditure
• Understand the legalities in generating new revenue streams