Local Authority Capital Expenditure, 2007-08

Statistics on capital expenditure include data for unitary, police, fire and national park authorities in Wales for the period 2007-08. The latest release updates the statistics previously released on 7 November 2007.

The key points from the latest release are:

• Total capital expenditure for 2007-08 was £1,146 million or £385 per head of population.  This represents an increase of 6% over the previous year.
• The largest service spend was for local environmental services £410 million (36%), of which planning and sports facilities were the largest elements. The next highest were housing £247 million (22%), transport £238 million (21%) and education £190 million (17%).
• Police, fire and national park authorities reported expenditure of £35 million, £8 million and £7 million respectively.
• External financing of capital expenditure came from: grants and contributions from the Welsh Assembly Government and other Government departments £521 million (46%); supported borrowing £159 million (14%) and major repairs allowance £104 million (9%).
• Internal financing was made up of unsupported borrowing £164 million (14%), use of capital receipts £117 million (10%) and capital expenditure charged to revenue £80 million (7%). Unsupported borrowing increased by 68% in 2007-08.

Further information can be found on the StatsWales website

Contact

Tel: 029 2082 5673
E-mail: stats.finance@wales.gsi.gov.uk

Next update

October 2009 (provisional - to be confirmed on the Due Out Soon page)