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Ratio of Revenue Support Grant to Net Revenue Expenditure (RS) (11121) Metric type
- Help text
- Ratio of Revenue Support Grant to Net Revenue Expenditure (RS) is a calculated metric. It is Revenue Support Grant divided by Net Revenue Expenditure. Revenue Support Grant is a central government grant given to local authorities which can be used to finance revenue expenditure on any service. The amount of Revenue Support Grant to be provided to authorities is established through the local government finance settlement. It is expressed as a negative to reflect the impact of the Revenue Support Grant on the net current expenditure of the council. NET REVENUE EXPENDITURE (total of lines 800 to 804) is also taken from the Revenue Outturn Summary (RS) line 805. It is a sum of revenue expenditure; LLSG; and special revenue grants inside AEF. The Revenue Outturn Summary is collected by Department for Communities and Local Government through returns submitted by local authorities in England. The release provides outturn estimates of local authority revenue expenditure and financing by financial year starting 1 April. These estimates are on a on International Accounting Standard 19 (IAS19) and PFI and an "Off Balance Sheet" basis, except where stated otherwise.
- Modified
- 28 Nov 2023
- Data last updated
- 31 Jan 2024
- Short label
- Ratio of Revenue Support Grant to NRE (RS)
- Status
- Live
- Output precision
- 0
- Polarity
- not applicable
- Measure
- £000s
- Dataset
- Net current expenditure
- Collection
- Revenue Outturn Summary (RS)
- Source
- Department for Levelling Up, Housing & Communities
- is found in the following lists
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