The latest national statistics on the budget estimates of local authority revenue expenditure and financing for 2011-12 were released on 30 June 2011 under arrangements approved by the UK Statistics Authority.
The key points from the latest release are:
- Budgeted total net current expenditure by local authorities in England totals £118.1 billion in 2011-12, compared with £121.2 billion in 2010-11, a decrease of 2.6 per cent.
- There has been a transfer of responsibilities between NHS and local government relating to adults with learning difficulties in long stay NHS institutions. As a result of this discontinuity between the two financial years (2010-11 & 2011-12), it is difficult to compare total net current expenditure.
- 36.4 per cent of budgeted total net current expenditure in 2011-12 is on education, 18.0 per cent on social care, 15.6 per cent on housing benefits and 10.0 per cent on police.
- 26.0 per cent of budgeted revenue expenditure on a non-International Accounting Standard 19 basis in 2011-12 is estimated to be funded through council tax, 29.1 per cent through formula grant and 44.0 per cent through specific grants inside Aggregate External Finance and Local Services Support Grant.
- In 2011-12 local authorities are budgeting to draw down £971 million from their reserves to finance their revenue expenditure.
Please note: Since first publishing on 30 June 2011, there have been two revisions to the statistical release, which are:
(1) Page 4, 2nd Bullet point: “Learning Disabilities and Health Reform Grant, amounting to £1.1 billion” changed to “Learning Disabilities and Health Reform Grant amounting to £1.2 billion”
(2) Page 22, last line of Annex C2, column 2: Change ‘RA Line 880’ to ‘RA Line 890’.