IRRV Alert - week ending 5th March 2021
News
Circulars
Consultations
Reports
Exceptional financial support for local authorities: capitalisation directions (5 March 2021)
Guidance
Exceptional financial support for local authorities: capitalisation directions
Details of capitalisation directions granted to local authorities that have requested exceptional financial support during the COVID-19 pandemic.
From:
Ministry of Housing, Communities & Local Government
Published:
10 February 2021
Last updated:
5 March 2021, see all updates
Applies to:
England
Documents
Bexley capitalisation direction
PDF, 157KB, 3 pages
This file may not be suitable for users of assistive technology.
Request an accessible format.
Eastbourne capitalisation direction
PDF, 157KB, 3 pages
This file may not be suitable for users of assistive technology.
Request an accessible format.
Luton capitalisation direction
PDF, 158KB, 3 pages
This file may not be suitable for users of assistive technology.
Request an accessible format.
Peterborough capitalisation direction
PDF, 158KB, 3 pages
This file may not be suitable for users of assistive technology.
Request an accessible format.
Wirral capitalisation direction
PDF, 166KB, 3 pages
This file may not be suitable for users of assistive technology.
Request an accessible format.
Details
The government has given considerable support to the local government sector to respond to the COVID-19 pandemic.
However, a small number of individual authorities have unique circumstances or residual issues that have resulted in unmanageable pressures, and have made the local decision to approach the government to request support.
To support these authorities, we have agreed to provide flexibilities – through a capitalisation direction – to enable authorities to use capital resources to support their revenue budget positions.
Published 10 February 2021
Last updated 5 March 2021 + show all updates