2019-20 Provisional Outturn
All local authorities were asked to provide provisional outturn capital expenditure figures on an unaudited basis before their accounts were compiled. As such, these figures are subject to revision in the final audited accounts and small changes over time should be interpreted with caution.
Capital provisional outturn for local authorities in Scotland is £3,798 million, an increase of 32 per cent, or £913 million, from 2018-19 provisional outturn figures. Table 1 shows the full breakdown of provisional outturn figures by service.
|Service||2018-19||2019-20||% change from 2018-19 to 2019-20|
|Roads & Transport||484||515||6%|
|Planning & Development||338||255||-25%|
|Culture & Related Services||148||598||306%|
|Other General Fund services 1||130||120||-7%|
|General Fund Capital Support to Third Parties||207||238||15%|
|Housing Revenue Account (HRA)||738||940||27%|
|Total Expenditure to be met from Capital Resources||2,884||3,798||32%|
1 This includes Social Work, Trading Services and non-HRA Housing.
Housing Revenue Account (HRA) continues to be the service with highest capital expenditure. In 2019-20, provisional capital expenditure for HRA was £940 million, an increase of 27 per cent (£202 million) from 2018-19.
Education has the second highest capital expenditure, with provisional outturn of £701 million for Education services in 2019-20. This is an increase of 21 per cent (£123 million) from the 2018-19 provisional outturn figure.
Provisional outturn for Culture & Related Services has increased by 306 per cent (£451 million) from 2018-19. This increase can be attributed to Sale and Leaseback transactions in one local authority.
Environmental Services has increased by 132 per cent (£150 million) from 2018-19 provisional outturn figures. This increase has primarily been driven by planned projects within Environmental Services, for example projects relating to energy from waste or coastal protection works, across a number of local authorities.
Provisional outturn for Planning & Development has decreased by 25 per cent (£83 million) from 2018-19. This decrease looks to have been caused by delays in development projects across local authorities.
Provisional outturn figures show that the majority of local authorities’ 2019-20 capital expenditure will be financed from Scottish Government Grants (34 per cent); borrowing (31 per cent); and credit arrangements (18 per cent). Table 2 provides a full breakdown of provisional capital expenditure financing for 2019-20.
|Source of financing||Amount of financing||% of total capital expenditure funded|
|Scottish Government Grants||1,298||34%|
|Capital Receipts / Capital Fund||149||4%|
|Other sources of financing 1||321||8%|
|Total Capital Financing||3,798||100%|
1 This includes capital funded from revenue.
Table 3 sets out the provisional outturn figures for local authorities’ Total External Debt and Capital Financing Requirement (CFR) at 31 March. See the Data Interpretation section for more information on these prudential indicators.
Provisional Total External Debt is £18,735 million – an increase of nine per cent (£1,481 million) from 2018-19. Provisional CFR is £19,420 million, this is an increase of seven per cent (£1,244 million) from 2018-19.
|Prudential Indicator||2018-19||2019-20||% change from 2018-19 to 2019-20|
|Total External Debt||17,254||18,735||9%|
|Capital Financing Requirement (CFR)||18,176||19,420||7%|
Total External Debt is 96 per cent of the CFR. This means local authorities are under-borrowed and indicates their treasury policy is to utilise cash reserves to fund borrowing at this time. Should their cash requirements increase, a local authority can borrow externally to meet that need, utilising their under-borrowed position.