Accredited official statistics

Local authority revenue expenditure and financing England: 2012 to 2013 budget

The latest national statistics on the budget estimates of local authority revenue expenditure and financing for 2012-13 were released on 12 鈥�

From:
Ministry of Housing, Communities & Local Government (2018 to 2021)
Published
12 July 2012

Applies to England

Documents

Ref: ISBN 9781409835752

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Details

The latest national statistics on the budget estimates of local authority revenue expenditure and financing for 2012-13 were released on 12 July 2011 under arrangements approved by the UK Statistics Authority.

The key points from the latest release are:

  • Revenue Expenditure is budgeted to be 拢98.4 billion in England in 2012-13, a decrease from 拢101.9 billion in 2011-12.
  • 27.1 per cent of budgeted revenue expenditure in 2012-13 is estimated to be funded through council tax, 28.4 per cent through formula grant and 44.4 per cent through specific grants inside Aggregate External Finance and Local Services Support Grant.
  • In 2012-13 local authorities are budgeting to draw down 拢21 million from their reserves to finance their revenue expenditure. However, this includes figures for Greater London Authority, who are budgeted to add 拢481 million to their reserves. Excluding the Greater London Authority, authorities are budgeting to draw down 拢501 million from their reserves.
  • Local Authorities are budgeting total net current expenditure of 拢39.2 billion on education services in 2012-13, 拢21.2 billion on social care, 拢19.6 billion on mandatory housing benefits and 拢11.6 billion on police services.

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Published 12 July 2012

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