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Written question asked by John Pugh (Liberal Democrat) on Monday, 9 February 2015, in the House of Commons. It was due for an answer on Wednesday, 11 February 2015. It was answered by Kris Hopkins (Conservative) on Monday, 23 February 2015 on behalf of the Department for Communities and Local Government.

Local Government Finance: Sefton

Question

To ask the Secretary of State for Communities and Local Government, what information his Department holds on the level of Sefton Council's (a) allocated and (b) unallocated reserves.

Answer

As at 31 March 2014, Sefton held £67.7 million in revenue reserves, of which £17.8 million was schools reserves and £49.9 million was non-ringfenced reserves. Of the non-ringfenced reserves, £39.7 million were earmarked reserves, and £10.2 million were unallocated reserves.

These figures are taken from the Revenue Outturn form which has been completed by all local authorities in England and published at the following link;

https://www.gov.uk/government/statistics/local-authority-revenue-expenditure-and-financing-england-2013-to-2014-individual-local-authority-data-outturn


We have encouraged councils to make creative use of reserves, such as "invest to save" projects to reduce long-term costs.

Secondary information

Type
Written question
Reference
223746
Session
2014-15
Registered interest declared
Yes
Subjects
Local government finance Sefton
Link
View this Written question on www.parliament.uk