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Accounts show LGA chief was paid £245,000

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Local Government Association chief executive John Ransford was paid more than £245,000 last year, according to the body’s accounts.

Mr Ransford, who was appointed to the role last February, secured an increase of almost £52,000 – more than 25% - on the £193,923 he was paid in 2008-09 during which he was deputy chief executive.

He had been due to retire last year but extended his stay at the LGA following the dismissal of previous chief executive Paul Coen in December 2008. Having initially taken the position on an interim basis, his role was extended in April until the end of 2011.

Other senior officers on salaries above £150,000 include deputy chief executive Jo Miller, who earned £157,683 last year, and director of finance and performance Stephen Jones, who earned £159,983.

The accounts also reveal that both the LGA and Partnerships UK have had to invest another £300,000 in their joint venture, Local Partnerships. Both bodies have invested the same amount again in the form of 6% Convertible Loan Stock.

The extra investment follows the LGA writing off £200,000 of its original £1m stake in Local Partnerships due to costs being higher and income being lower than budgeted for.

The LGA’s pension liabilities also rose by almost half – from £30.5m in 2009 to £44.2m in 2010 - as a result of actuarial changes which saw the rate at which liabilities are discounted “substantially reduced”.

However, the association did register an operating surplus of £2m last year – compared to a £1.3m loss the year before – driven by reduced staff costs and savings from a review of the LGA’s communications function and shared services.

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