Guidance

Exceptional financial support for local authorities: capitalisation directions

Details of capitalisation directions granted to local authorities that have requested exceptional financial support during the COVID-19 pandemic.

Published 10 February 2021
From:
Ministry of Housing, Communities & Local Government
Published:
10 February 2021
Last updated:
5 March 2021, see all updates
Applies to:
England

Documents

Bexley capitalisation direction

PDF, 157KB, 3 pages

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Eastbourne capitalisation direction

PDF, 157KB, 3 pages

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Luton capitalisation direction

PDF, 158KB, 3 pages

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Peterborough capitalisation direction

PDF, 158KB, 3 pages

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Wirral capitalisation direction

PDF, 166KB, 3 pages

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Details

The government has given considerable support to the local government sector to respond to the COVID-19 pandemic.

However, a small number of individual authorities have unique circumstances or residual issues that have resulted in unmanageable pressures, and have made the local decision to approach the government to request support.

To support these authorities, we have agreed to provide flexibilities – through a capitalisation direction – to enable authorities to use capital resources to support their revenue budget positions.

Published 10 February 2021
Last updated 5 March 2021 + show all updates

  1. Added Wirral capitalisation direction

  2. First published.