IRRV Alert - week ending 5th August 2022
News
Consultations
Flexible use of capital receipts for transformation projects: letter to council leaders (2 August 2022)
Correspondence
Flexible use of capital receipts for transformation projects: letter to council leaders
This letter sets out the intent of the capital receipts flexibility programme 2022-2025 and the revisions made in August 2022 to clarify qualifying disposals.
- From:
- Department for Levelling Up, Housing and Communities and The Rt Hon Greg Clark MP
- Published
- 2 August 2022
Applies to England
Documents
Flexible use of capital receipts for transformation projects: letter to council leaders
PDF, 148 KB, 1 page
Details
This letter sets out the updated direction and statutory guidance to extend the freedom for local authorities to use eligible capital receipts to fund the revenue costs of projects that deliver ongoing savings or improved efficiency.
Published 2 August 2022