Guidance on flexible use of capital receipts
Statutory guidance for local authorities on the framework for flexible use of capital receipts.
Applies to England
Documents
Details
The 2015 Spending Review gave local authorities the right to use capital receipts on the revenue costs of reform projects.
This guidance and the attached draft direction provide detail on the types of project that qualify and set out the expected governance and transparency framework.
The final signed directions will be issued alongside the final settlement in February 2016.
If you have any questions or comments on the guidance or direction, email [email protected]