Local Authority Capital Forecast, 2009-10

Statistics on Capital forecast expenditure and financing by Welsh authorities include data for police, fire and national park authorities, for 2009-10. The latest release updates the statistics previously released on 5 June 2008.

The key points from the latest release are:

• Total forecast capital expenditure as reported by Welsh local authorities, including police, fire and national park authorities, for 2009-10 is £928 million.  This represents a decrease of £55 million or 6% on the previous forecast year.
• Forecast expenditure is lower for 2009-10 due mainly to a large decrease in the use of capital receipts.
• Police authorities report an increase of 2% in their forecast capital spending to £44 million, while fire authorities show a decrease of £11 million to £17 million, mainly due to the relocation of South Wales Fire and Rescue headquarters in 2008-09.
• Housing services account for 23% of the total capital forecast in 2009-10, education services 23% and roads and transport 16%.
• 63% of the funding for this expenditure is in the form of external support, mainly from the Welsh Assembly Government in grants and supported borrowing.  The remaining 37% is from authorities own internal financing.
• The unsupported borrowing element of internal financing is forecast to increase by £69 million or 60% to £184 million.

Further information can be found at the StatsWales website.

Contact

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

Next update

June 2010 (provisional - to be confirmed on the 'Due Out Soon' page)