Accredited official statistics

Local authority revenue expenditure and financing England: 2014 to 2015 budget (revised)

The latest national statistics on the budget estimates of local authority revenue expenditure and financing for 2014 to 2015.

• From: Ministry of Housing, Communities & Local Government (2018 to 2021)
• Published: 23 July 2014
• Last updated: 22 October 2014 — See all updates

Applies to England

Documents

Local authority revenue expenditure and financing England: 2014 to 2015 budget (revised October 2014)

Ref: ISBN 9781409843634

PDF, 425 KB, 36 pages

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Table 1: budgeted net current expenditure by service, 2013 to 2014 and 2014 to 2015

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Table 2: budgeted revenue expenditure and financing, 2013 to 2014 and 2014 to 2015

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Table 3: financing of revenue expenditure since 2008 to 2009

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Table 4: financing of revenue expenditure in 2014 to 2015 by local authority classification

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Table 5: top 5 incomes from specific grants budget, 2014 to 2015

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Table 6: revenue expenditure by class of authority, 2013 to 2014 and 2014 to 2015

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Table 7: comparison of service expenditure and net current expenditure

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Annex A: RA14 general fund revenue accounts budget estimate 2014 to 2015 (revised October 2014)

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Annex B: RA(SG14) income from specific grants budget 2014 to 2015

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Annex C1: derivation of service lines used in table 1

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Annex C2: derivation of service lines used in table 2

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Annex D: distribution of local authorities by classification

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Details

The latest national statistics on the budget estimates of local authority revenue expenditure and financing for 2014 to 2015 were released on 23 July 2014 under arrangements approved by the UK Statistics Authority.

The key points from the latest release are:

• revenue expenditure is budgeted to be £98.8 billion in England in 2014 to 2015, a decrease from £102.2 billion in 2013 to 2014; the majority of this decrease was due to a decrease in education expenditure, from £38.8 billion in 2013 to 2014 to £35.8 billion in 2014 to 2015
• education expenditure for 2014 to 2015 is not comparable to previous years due to a number of schools changing their status to become academies, which are centrally funded rather than funded by local authorities
• 24.3% of budgeted revenue expenditure in 2014 to 2015 is estimated to be funded through Council Tax, 32.0% through formula grant and 41.3% through specific grants inside Aggregate External Finance and Local Services Support Grant; these percentages were 22.9%, 32.8% and 43.1% respectively in 2013 to 2014
• local authorities are budgeting total net current expenditure of £35.8 billion on education services in 2014 to 2015, £22.1 billion on social care, £21.0 billion on mandatory housing benefits and £11.1 billion on police services
• in 2014 to 2015 local authorities are budgeting to draw down £2.1 billion from their reserves to finance their revenue expenditure, of which £0.9 billion is due to Greater London Authority; in 2013 to 2014 local authorities were budgeted to draw down their reserves by £1.2 billion

Published 23 July 2014
Last updated 22 October 2014 + show all updates

1. 22 October 2014

   Added revised release and annex A.

2. 23 July 2014

   First published.