The latest national statistics on the budget estimates of local authority revenue expenditure and financing for 2010-11 were released on 17 …
The latest national statistics on the budget estimates of local authority revenue expenditure and financing for 2010-11 were released on 17 February 2011, under arrangements approved by the UK Statistics Authority.
These statistics have been revised since their original release on 30 June 2010. The release provides data from revenue accounts budget returns and the changes over the previously published figures are generally small.
The key points from the latest release are:
- Budgeted total net current expenditure by local authorities in England totals £122.0 billion in 2010-11, compared with £115.0 billion in 2009-10, an increase of 6 per cent.
- The definition of total net current expenditure has changed for this year to include revenue expenditure funded from capital by statute (RECS). Removing RECS, the 2010-11 net current expenditure figure is £121.1 billion. If compared to the 2009-10 figure of £115.0 billion, this is an increase of 5 per cent.
- 38 per cent of budgeted total net current expenditure in 2010-11 is on education, 17 per cent on social care, 14 per cent on housing benefits and 10 per cent on police.
- 25 per cent of budgeted revenue expenditure on a non-International Standard 19 basis in 2010-11 is estimated to be funded through council tax, 27 per cent through formula grant and 48 per cent through specific grants inside Aggregate External Finance and Area Based Grant.