Correspondence

Flexible use of capital receipts for transformation projects: letter to council leaders

This letter sets out the intent of the capital receipts flexibility programme 2022-2025 and the revisions made in August 2022 to clarify qualifying disposals.

• From: Department for Levelling Up, Housing and Communities and The Rt Hon Greg Clark
• Published: 2 August 2022

This was published under the 2019 to 2022 Johnson Conservative government

Applies to England

Documents

Flexible use of capital receipts for transformation projects: letter to council leaders

PDF, 148 KB, 1 page

Details

This letter sets out the updated direction and statutory guidance to extend the freedom for local authorities to use eligible capital receipts to fund the revenue costs of projects that deliver ongoing savings or improved efficiency.

Published 2 August 2022