Research and analysis

Post implementation review of changes to the local authority capital finance framework

The post implementation review evaluates the changes made to the statutory guidance on local authority capital investment in 2018.

• From: Ministry of Housing, Communities & Local Government
• Published: 27 April 2020

Applies to England

Documents

Post implementation review of changes to the local authority capital finance framework

PDF, 534 KB, 33 pages

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Details

Local authorities borrow and invest in capital under the capital framework, which sets out the statutory boundaries for this activity; it comprises guidance and underlying legislation.

In 2018, we made changes to our capital investment guidance to ensure the framework remained robust and relevant to councils. These changes were intended to improve behaviours over risk and transparency, rather than produce quantifiable changes to borrowing or investment.

In 2019, a post implementation review of the changes was undertaken. The review was designed as an impact evaluation looking at technical aspects of the capital framework.

Published 27 April 2020