Local Transport Today is the authoritative, independent journal for transport decision makers. Analysis, Comment & News on Transport Policy, Planning, Finance and Delivery since 1989.

New financial rules for Scots RTPs

10 November 2017
 

Transport Scotland is consulting on giving the seven regional transport partnerships (RTPs) more flexibility in how they manage their finances. Transport Scotland says there is a need to clarify that RTPs can build up reserves from one financial year to the next. The consultation also asks if there should be a limit to how much money RTPs can carry forward, and if safeguards should be provided to limit the financial liability of local authorities towards RTP expenses. Consultation closes on 12...

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