Pay

Freedom of information request response - 05491

FOI request

FOI ID number
05491
Regarding
Capital Receipts and Redundancies
Request

For each of the following financial years: 2014/15, 2015/16, 2016/17, 2017/18, 2018/19 (up to the date on which you received this request) I request the following information:

A) The total amount of capital receipts (in £) received by the council following the disposal of any type of asset 

B) A breakdown of the use of capital receipts within each financial year by the following three categories:

  1. To help meet the cost of borrowing related to capital expenditure
  2. To invest in new capital expenditure
  3. To finance the revenue costs of service reform (as introduced in March 2016 - https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/507170/Flexible_use_of_capital_receipts__updated_.pdf)
  4. Other 

C) A list of service reforms financed through capital receipts since flexible use of capital receipts was introduced in March 2016, including:

  1. The date the reform began
  2. The amount (in £) of capital receipts used
  3. The savings target at the time
  4. The % of that savings target which has been met to-date

D) The amount of capital receipts (in £) used to meet the cost of redundancies made (or in the process of being made) by the council during each financial year.

E) The number of redundancies made by the local authority in each financial year broken down by the service they relate to.

Our response

Response
Year 2014/15 2015/16 2016/17 2017/18 2018/19
Capital receipts in year 95 311 399 522 5
Meet cost of borrowing 0 0 0 0 0
New capital expenditure 301 435 349 489 0
Service reform 0 0 0 0 0
Other 0 0 0 0 0
Service reforms funded N/A N/A N/A N/A N/A
Amount of capital receipt to fund redundancy 0 0 0 0 0
Number of redundancies 0 0 0 0 0

 

Response date
02 August 2018