Local Government Finance
The question
To ask the Secretary of State for Housing, Communities and Local Government, pursuant to the Answer of 24 July 2025 to Question 69050 on Local Government Finance, what the aggregate value was of the capitalised costs in 2024-25.
Answered by Alison McGovern
Since 2016, under a general direction initially put in place by the previous government, local authorities have the flexibility to use eligible capital receipts to fund the costs of projects that produce ongoing savings or efficiencies.
Local authorities are required to provide annual returns to Government, including data on revenue expenditure. The latest return was published on 18th September 2025: Local authority revenue expenditure and financing England: 2024 to 2025 – first release - GOV.UK. The data includes reported revenue spend funded by capital receipts under the general direction.
These values may be subject to revision as authorities provide further or updated information.
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