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Estimated unringfenced reserves as a % net revenue expenditure (4089) Metric type
- Help text
- The level of unringfenced reserves (earmarked and other unallocated) weighted according to - or as a percentage of - total net revenue expenditure is calculated by 'total estimated unringfenced reserves at 1 April divided by the 'net revenue expenditure' *100
The 'total estimated unringfenced reserves is a sum of:
Estimated other earmarked financial reserves level: Financial reserves levels at 1 April
Estimated public health financial reserves level: Financial reserves levels at 1 April
Estimated unallocated financial reserves level: Financial reserves levels at 1 April
Some reserves, of course, are set aside against risks which are difficult to measure. The indicator therefore has a limitation in cases where unringfenced reserves include reserves set aside against risks that have a high likelihood of crystallising.
The higher the value the higher the level of unringfenced reserves
- Modified
- 11 Jan 2024
- Data last updated
- 29 Jun 2023
- Short label
- Unringfenced reserves as a % net revenue expenditure
- Status
- Live
- Output precision
- 2
- Polarity
- a high value is good
- Measure
- Index
- Dataset
- Financial Sustainability Analysis
- Collection
- Financial Sustainability Analysis
- Source
- Local Government Association
- is found in the following lists
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