The latest national statistics on the final outturn figures of local authority capital expenditure and receipts in the financial year April 2012 to March 2013 was released on 17 October 2013 under arrangements approved by the UK Statistics Authority.
The latest statistical release includes data from 2008-09 to 2013-14.
Key points are:
- capital expenditure by local authorities in England fell from £20 billion in 2011 to 2012 to £18.9 billion in 2012 to 2013, a year-on-year decrease of 5.5%
- capital receipts have increased slightly in 2012 to 2013 to £2.1 billion from £2 billion in 2011 to 2012, a year-on-year increase of 5.5%; this is mainly due to increase in property disposals
- in 2012 to 2013 capital expenditure on planning and development services, and fire and rescue increased by 35% and 26% respectively, while housing increased by 14%; however, there has been a decrease in capital expenditure in the same year of about 18% each in education (which excludes expenditure related to academies) and social services, and of around 8% in highways and transport, and of 7% in police; culture and related services fell by 20%
- the financing of capital expenditure through central government grants increased from £7.2 billion in 2011 to 2012 to £8.5 billion in 2012 to 2013, a year-on-year increase of 18%
This release contains unchanged aggregate figures from the second provisional outturn published on 10 September 2013. It also includes new Tables 6 to 8 and additional Annexes B to F. Individual local authority data are also now available.
An earlier provisional outturn was published in June based on information from capital payments and receipts returns (CPR4) submitted by local authorities in England.