Local Authority Capital Forecast, 2012-13

Statistics on Capital forecast expenditure and financing by Welsh authorities include data for unitary, police, fire and national park authorities, for 2012-13.

The key points from the latest release are:

• In 2012-13, total capital forecast expenditure as reported by Welsh local authorities, including police, fire and national park authorities is £1,213 million.  This represents a year on year increase of £149 million or 14%.
• Police authorities report an increase of 48% in their capital forecast expenditure to £58 million, while fire authorities show a decrease of 43% to £14 million over the previous year.
• Education services account for 23% of the total capital forecast expenditure, Housing services 18% and Planning and economic development 16%.
• 55% of the funding for this expenditure is in the form of external support, mainly from the Welsh Government in grants and supported borrowing.  The remaining 45% is from authorities own internal financing.
• The unsupported borrowing element of internal financing is forecast to increase by £27 million or 10% to £283 million over the previous year.

Further information

StatsWales website

Contact

Tel: 029 2082 3963
E-mail: stats.finance@wales.gsi.gov.uk

Next update

May 2013 (provisional - to be confirmed on the 'Due Out Soon' page)