IRRV Alert December 1 2008

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DCLG - Local authority revenue expenditure and financing England: 2007-08 final outturn

 

 

 

Published 28 November 2008

Summary

The latest national statistics on the final outturn of local authority revenue expenditure and financing for 2007-08 were released on 28 November 2008 under arrangements approved by the UK Statistics Authority.

The key points from the latest release are:

  • Total net current expenditure by local authorities in England was estimated to be £108.2 billion in 2007-08 compared with £103.3 billion in 2006-07, an increase of 5 per cent.
  • 37 per cent of net current expenditure in 2007-08 was on education, 17 per cent on social care, 12 per cent on housing benefits and 11 per cent on police.
  • 56 per cent of revenue expenditure (on a non-Financial Reporting Standard 17 basis) in 2007-08 was funded by government grants, 26 per cent by council tax and 20 per cent by redistributed non-domestic rates.

The full statistical release and accompanying tables are available via the link below.

Download

 

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