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1130373
registered interest false more like this
date less than 2019-06-06more like thismore than 2019-06-06
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 remove filter
question text To ask the Secretary of State for Housing, Communities and Local Government, what progress he has made on encouraging local authorities to invest more of their reserves in local communities. more like this
tabling member constituency Stevenage more like this
tabling member printed
Stephen McPartland more like this
uin 261216 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2019-06-13more like thisremove minimum value filter
answer text <p>Councils are free to determine the level of reserves they hold and are accountable to their electorate for the decisions they make. No powers exist to redistribute/reclaim this resource. All local authorities are required to hold sufficient unallocated reserves to meet unforecastable financial risks. <br> <br> Many council’s reserves are earmarked for particular purposes. Earmarked reserves are funds that are spent at the discretion of the local authority.</p> more like this
answering member constituency Richmond (Yorks) remove filter
answering member printed Rishi Sunak more like this
question first answered
less than 2019-06-13T16:33:11.223Zmore like thismore than 2019-06-13T16:33:11.223Z
answering member
4483
label Biography information for Rishi Sunak more like this
tabling member
4093
label Biography information for Stephen McPartland remove filter