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895305
star this property registered interest false more like this
unstar this property date less than 2018-05-01more like thismore than 2018-05-01
star this property answering body
Ministry of Housing, Communities and Local Government more like this
star this property answering dept id 7 more like this
star this property answering dept short name Housing, Communities and Local Government more like this
star this property answering dept sort name Housing, Communities and Local Government more like this
star this property hansard heading Local Government Finance more like this
star this property house id 1 more like this
star this property legislature
25259
star this property pref label House of Commons more like this
star this property 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
star this property tabling member constituency Newcastle upon Tyne North more like this
star this property tabling member printed
Catherine McKinnell remove filter
star this property uin 140087 remove filter
star this property answer
answer
unstar this property is ministerial correction false more like this
star this property date of answer less than 2018-05-08more like thismore than 2018-05-08
star this property 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
star this property answering member constituency Richmond (Yorks) remove filter
star this property answering member printed Rishi Sunak remove filter
star this property question first answered
less than 2018-05-08T16:06:00.697Zmore like thismore than 2018-05-08T16:06:00.697Z
star this property answering member
4483
star this property label Biography information for Rishi Sunak more like this
star this property tabling member
4125
unstar this property label Biography information for Catherine McKinnell more like this