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895305
registered interest false more like this
date less than 2018-05-01more like thismore than 2018-05-01
answering body
Ministry of Housing, Communities and Local Government more like this
answering dept id 7 more like this
answering dept short name Housing, Communities and Local Government more like this
answering dept sort name Housing, Communities and Local Government more like this
hansard heading Local Government Finance more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask the Secretary of State for Housing, Communities and Local Government, with reference to the oral evidence given by the Chancellor of the Exchequer to the Treasury Committee on 25 April 2018, on the work of the Chancellor of the Exchequer, if he will break down the £23 billion in reserves held by local authorities and identify the proportion of those reserves that are unearmarked or not ring-fenced. more like this
tabling member constituency Newcastle upon Tyne North more like this
tabling member printed
Catherine McKinnell remove filter
uin 140087 remove filter
answer
answer
is ministerial correction false remove filter
date of answer less than 2018-05-08more like thismore than 2018-05-08
answer text <p>Of the £23.1 billion in revenue reserves held by English local authorities as of 31 March 2017, non-ringfenced reserves make up £21.0 billion and have increased by 47 per cent since 31 March 2011.</p><p>Of this, unallocated reserves amount to around £4.2 billion. It is for individual local authorities to decide on the level of unearmaked reserves that they should hold, based on their known financial commitments and risk appetite.</p><p>Reserves data is published in Table 7 as part of MHCLG’s Local Authority Revenue Expenditure and Financing:2016-17 Final Outturn, England data publication.</p> more like this
answering member constituency Richmond (Yorks) more like this
answering member printed Rishi Sunak remove filter
question first answered
less than 2018-05-08T16:06:00.697Zmore like thismore than 2018-05-08T16:06:00.697Z
answering member
4483
label Biography information for Rishi Sunak more like this
tabling member
4125
label Biography information for Catherine McKinnell more like this