Delivering change: how city partnerships make the most of public assets
City Assets - the Centre for Cities report, Delivering change: how city partnerships make the most of public assets.
Turner & Townsend have jointly sponsored with Bevan Brittan the Centre for Cities report, Delivering change: how city partnerships make the most of public assets, which looks at how cities are becoming increasingly entrepreneurial as their public budgets get ever tighter.
The report shows that it is through direct collaboration with public and private partners, and an increasingly commercial mind-set, cities are beginning to finance crucial public services to support local economic growth and their communities.
In the context of squeezed local governments and the potential for more cuts to local finances to come, councils are under more pressure than ever to increase revenues and are finding new ways to do so.
Working with local partners in the private and public sector, local authorities can unlock the huge potential in assets owned by public and private alike.
Examining the risks associated with making the most of local assets – and in particular working with local private and public sector partners to do so, this report is essential for local government stakeholders, private sector developers, and public and third sector landowners and developers.