Correspondence

Local authority capitalisation: ministerial letter

Ministerial letter to local councils about borrowing or using capital receipts for revenue purposes

This was published under the 2010 to 2015 Conservative and Liberal Democrat coalition government

Document

Letter from Andrew Stunell to local authority leaders: capitalisation

This file may not be suitable for users of assistive technology. Request an accessible format.

If you use assistive technology (such as a screen reader) and need a version of this document in a more accessible format, please email alternativeformats@communities.gsi.gov.uk. Please tell us what format you need. It will help us if you say what assistive technology you use.

Details

Letter from Communities Minister Andrew Stunell to all local council leaders about capitalisation for 2011-12. Capitalisation allows local councils to borrow or use capital receipts for revenue purposes.

Full guidance will be issued to councils earlier than in previous years, for clarity and in order to support local councils who wish to deliver efficiency savings early through organisational restructuring.

Published 28 January 2011