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 McMahonUnder 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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