In this section
Section highlightHouses into homes This report details findings to emerge from the evaluation during the first six months of delivery (April to September 2012).
Written Statement - Update on tobacco policy »Standardised packaging of tobacco products and Sub Committees on The Smoke-free Premises etc. (Wales) (Amendment) Regulations 2012.Learn more »
Industry and government plan for a healthy future for farming in Wales
Farmers and Welsh Government will come together today to plan for a healthy and vibrant agricultural industry.
- Statement from First Minister of Wales, Carwyn Jones, on the Woolwich attack
- Historic garden is a breakfast TV star
- Industry and government plan for a healthy future for farming in Wales
In this section
- Business and economy
- Children and young people
- Culture and sport
- Education and skills
- Environment and countryside
- Equality and diversity
- Health and social care
- Housing and community
- Improving public services
In this section
Section highlightAccess to information
The Welsh Government has followed the principles of openness in government for many years. Find out how you can make a freedom of information request or see requests that have already been made.
Sky lanterns: environmental and risk assessment »To establish an evidence base to help any future policy decisions on sky lanterns and helium balloons.Learn more »
- Future management of private water supply pipes
- Higher Education (Wales) Bill: Technical consultation
- Renting Homes White Paper
- The draft School Governors’ Annual Reports (Wales) (Amendment) Regulations 2013
- The future of agricultural statistical data collection methods in Wales
- Consultation - Local Authorities (Standing Orders) (Wales) Regulations 2006 (Amendment) Regulations 2013
Featured consultation »Implementing the Domestic Fire Safety (Wales) Measure 2011
25 days left
In this section
Section highlightFurther and Higher Education (Governance and Information) (Wales) Bill 2013
Removes a number of technical restrictions and controls on colleges without changing the principal powers of colleges to provide further, higher and secondary education.
Legislative programme 2012 - 2013 »
Addressing the Assembly in the Senedd today, the First Minister, Carwyn Jones, detailed the eight bills in the Welsh Government’s 5-year Legislative Programme that will be brought forward during the second year of the Welsh Assembly.Learn more »
Section highlightCommunity Infrastructure Levy
Local authorities can charge a Community Infrastructure Levy on new developments to support the infrastructure needed.
2nd Supplementary Budget 2012-13 »
Proposes a number of changes to the 1st Supplementary Budget for 2012-13, which was published on 26 June 2012.Learn more »
Written - Prudential Borrowing and Minimum Revenue Provision
Local authorities are under a statutory requirement to make an annual calculation of an amount of Minimum Revenue Provision (MRP) that they consider prudent to offset against borrowings that they make under the Prudential Borrowing rules. The legislation –The Local Authorities (Capital Finance and Accounting) (Wales) (Amendment) Regulations 2008 made under the Local Government Act 2003 - does not define “prudent provision”. Local circumstances can be taken into account in determining this. The legislation enables Welsh Ministers to issue statutory guidance on accounting practices, which would include guidance on MRP.
One of the issues arising from the Assembly Government’s close dialogue with Local Government on alleviating the impact of the Recession has been the possibility of some form of MRP moratorium. This would have the potential for enabling Local Government to bring forward and maintain capital projects at a time of falling revenue and capital receipts.
The existing guidance on Prudential Borrowing accounting arrangements already allows for, if a local authority wishes, a deferral of the set aside of MRP on new infrastructure assets until the year following it coming into use rather than the financial year following any borrowing. Extending the scope of the MRP moratorium could still be beneficial in encouraging smaller capital schemes (for instance refurbishment projects) of a limited duration which could help maintain local employment.
In giving consideration to this I have been very conscious of the need to uphold the principle of making prudent provision for the repayment of debt that is at the core of the current legislative arrangements. My officials have considered the legal implications of any relaxation in the current arrangements and discussed the prudential aspect of any change to the current arrangements with the Wales Audit Office.
As a result of these discussions I have decided to make a limited change to the current guidance that will enable local authorities, only if prudent, to defer making MPR to offset new prudential borrowing incurred to fund capital projects started and completed between 1 the three financial years 2008-09; 2009-10 and 2010-11. The moratorium would not exclude the making of full MRP over the lifetime of an asset. It would just defer the need to budget for it until the 2011-12 financial year going forward. The moratorium would not apply to the generality of prudential borrowing incurred to fund projects outside the 3 year time-frame I have proposed above.
The duty to make prudent provision rests with local authorities. Judgements on what is prudent will differ in the light of individual authorities’ circumstances. The revised guidance I propose will require authorities to consult their Appointed Auditor before exercising the discretion over deferral. The guidance will also make clear that the moratorium will not be extended beyond 31 March 2011.