National statistics on the 2nd provisional outturn figures of local authority capital expenditure and receipts in 2009 to 2010.
The latest national statistics on the 2nd provisional outturn figures of local authority capital expenditure and receipts in the financial year April 2009 to March 2010 was released on 2 September 2010 under arrangements approved by the UK Statistics Authority.
The latest statistics release includes data from 2005-06 to 2009-10 and updates those statistics previously released on 10 September 2009 and 29 June 2010.
The main points from this release are:
- the underlying trend in capital expenditure shows an increase of 8% from 2008-09 to 2009-10 to £21.3 billion
- capital expenditure has risen by 28% in the last 4 years, nearly 16% in real terms
- capital receipts remain well below the 2007 to 2008 level at £1.4 billion; this reflects a drop in the sale of assets by local authorities