Fiscal Framework between Scottish Government and Local Government
The Verity House Agreement committed to a robust Fiscal Framework(FF) between Scottish and Local Government. In line with positive progress, and to codify current good practice, Scottish Government and COSLA have jointly agreed the FF ahead of the 2026-27 budget.
Annex B: Fiscal Framework (FF) – Fiscal Events and SG and LG Budget Engagement
Annual Fiscal Framework Engagement
Settlement and Distribution Group (Always Monthly – Not in June and July)
January
Budget Bill Intro
LG Finance Settlement Consultation
Budget Bill Stage 1
February
Budget Bill Stage 2
Budget Bill Stage 3
LG Finance Order
March
UK Spring Statement
May
SG and COSLA Budget Process Engagement Sessions / Ministerial Meetings
June
UK Spending Review 2025
August - December
Draft Budget Process
September
PfG SG and COSLA Budget Process Engagement Sessions / Ministerial Meetings
November
UK Budget
SG and COSLA Budget Process Engagement Sessions / Ministerial Meetings
December
SG and COSLA Budget Process Engagement Sessions / Ministerial Meetings
Draft Budget Announced.
Contact
Email: lewis.james@gov.scot