Home >News >WLBC response to The Times articleWLBC response to The Times articleWest Lancashire Borough Council response:"We welcome comparison with other Councils where it can be applied to drive improvement however, we share the Local Government Association’s (LGA) concerns about the methodology used to present OFLOG data by The Times. “OFLOG itself warns that when using the metrics "data on its own does not present a complete picture”. “The ratios calculated in the "debt servicing as a proportion of core spending power" and "total debt as a proportion of core spending power" are both factually incorrect. West Lancashire Borough Council operates two revenue accounts, the General Revenue Account (GRA) and Housing Revenue Account (HRA). “The GRA is largely financed by council tax collection, retained non-domestic rates and government grants ie core spending power.

Source: The Times June 13, 2024 14:02 UTC