Written Question·Ministry of Housing, Communities and Local Government·UIN 45022

Local Government Finance

Tabled: 8 April 2025
Answered: 22 April 2025

Question

Kevin Hollinrake

Conservative — Thirsk and Malton

To ask the Secretary of State for Housing, Communities and Local Government, with reference to the statutory guidance entitled Guidance on the flexible use of capital receipts, updated on 26 March 2025, whether the sale of a local authority school playing

Answer

Jim McMahon
Under the general direction on “Flexible Use of Capital Receipts” (FUCR), authorities may use the proceeds from qualifying asset sales (capital receipts) to fund the revenue costs of projects designed to generate ongoing savings or reduce the costs of ser...
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