National statistics on the 2nd provisional outturn figures of local authority capital expenditure and receipts in 2010 to 2011.
The latest national statistics on the 2nd provisional outturn figures of local authority capital expenditure and receipts in the financial year April 2010 to March 2011 was released on 8 September 2011 under arrangements approved by the UK Statistics Authority.
The latest statistics release includes data from 2006-07 to 2010 to 2011 and updates those statistics previously released on 28 June 2011.
The main points from this release are:
- capital expenditure by local authorities in England rose to £23.1 billion in 2010 to 2011, a year-on-year increase of 8%, due mainly to the Greater London Authority’s (GLA) expenditure via Transport for London; if the GLA’s expenditure were excluded from the England totals, capital expenditure was virtually unchanged from 2009 to 2010
- capital expenditure has risen by nearly 42% in the last 4 years, 28% in real terms
- capital receipts were unchanged in 2010 to 2011 at £1.5 billion