Communities and Local Government
A selection of images representing communities.
Direct contact 0303 444 0000- contactus@communities.gov.uk
- Local government
- Local government finance
- Capital finance
Local government
Capital finance
The Prudential System (Part 1 of the Local Government Act 2003) took effect from 1 April 2004. It is a modern, simple and transparent framework that encourages investment in the capital assets that local government needs to improve services and relies on modern accounting concepts, plus professional and self-regulation. It allows local authorities to raise finance for capital expenditure - without Government consent - where they can afford to service the debt without extra Government support.In this section
- Capital Finance guidance and consultation documents
- Capitalisation
- Capital finance legislation
- Asset management
- Parish and Town Council Borrowing Approval Scheme
Related downloads
-
Local Authority Capital Finance Overview 2008
PDF, 425 kb, 22 pages
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Archived content
- Local Authority Investment Overview (external link)
- Capital Allocations to Local Authorities from 1 April 2004 (external link)
- Capital Programme Working Party Papers (external link)
- The Former Capital Finance System (external link)
- Depreciation (external link)
- Capital Finance Data Tables (for years prior to 2004/05) (external link)
You may also be interested in …
On this site
On other sites
- Local Government Settlement 2008/09: Individual Local Authority Capital Finance Tables for the 2008/09 Settlement
- 2009-10 Local Government Settlement: Capital Support to Local Authorities
- Local Government Finance Settlement : Capital Grants 2008/09 to 2010/11
- CIPFA - The Chartered Institute of Public Finance and Accountancy
- Public Works Loan Board
Central-Local concordat
Read how central and local government will work together to serve the public.
