Socialism..

There are others that are also running out of money

To add insult to injury, they use other peoples money to fund their own causes and agendas that will benefit them now, and in the future, they are generally all Woke virtue signalling projects, that always end up flopping, and no one is answerable or accountable to where the money went and no one loses their job, in fact they generally get promoted. ...... crazy.

I have to ask, what 'causes'?

Its much easier mate to act rash with others money..

Zero as far as I know. What has that to do with Birmingham Council anyway?

Council finances and the commercial risks they are encouraged to take May very well be the next big scandal.

Nope. You confused party funding with council funding.

Local authorities have three main sources of revenue:



government grants – money from central government for local services

council tax – a property tax levied on residential properties

business rates – a property tax levied on business premises.


In 2019/20 (the last year before emergency Covid funding), local authorities in England received 22% of their funding from government grants, 52% from council tax, and 27% from retained business rates.



Unlike central government, local authorities cannot borrow to finance day-to-day spending, and so they must either run balanced budgets or draw down reserves – money built up by underspending in earlier years – so as not to exceed their annual revenue.



Local government in England has limited revenue-raising powers compared to other wealthy countries. In 2018, every other G7 nation collected more taxes at either a local or regional level.1 7% of the UK's taxes were collected, or intended to be collected, locally in 2014, compared to 12% collected locally or federally in Italy, 32% in Germany, and almost 50% in Canada.



How has local government funding changed since 2010?


Local authority ‘spending power’ – the amount of money authorities have to spend from government grants, council tax and business rates – fell by 17.5% between 2009/10 and 2019/20, before partially recovering. However, in 2021/22 it was still 10.2% below 2009/10 levels.




The fall in spending power is largely because of reductions in central government grants. These grants were cut 40% in real terms between 2009/10 and 2019/20, from £46.5bn to £28.0bn (2023/24 prices). This downward trend was reversed in 2020/21 and 2021/22 as central government made more grant funding available to local government in response to the pressures of the pandemic. Though even including Covid grants the fall in income from was 21% in real terms between 2009/10 and 2021/22; without, the fall was 31%.



While grants from central government were cut, rates of council tax, set by individual councils, were allowed to increased. Local authorities raised 30% more council tax, in real terms, in 2021/22 compared to 2009/10.



The Localism Act 2011 – which came into effect in 2012/13 – included a clause that prevented local authorities from raising council tax rates by more than 2% annually without holding a referendum.2 Theresa May’s government increased this to 3% for 2018/19 and 2019/20.

Most recently, the government allowed local authorities to raise this again, to 5%, for authorities with social care responsibilities – with 2% from the social care precept and the remaining 3% for discretionary

My bit whey don't they say where the money comes from the Grants Governments make to Local authorities is taxpayers money , the revenue the Local Authorities raise at local level is taxpayers money as per usual