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General fund balance as a % of net revenue expenditure (4214) Metric type
- Help text
- General fund balance weighted according to total net revenue expenditure. General fund balance is from the WGA submissions; Net revenue expenditure is from the RA returns
A higher general fund balance may indicate better preparedness for unexpected economic shocks. Alternatively, councils may make a decision to build up their general fund reserves in response to increased perceived risk. Multiple authorities share the lowest value of 0.
- Modified
- 28 Nov 2023
- Data last updated
- 28 Jun 2023
- Short label
- General fund balance as a % of net revenue expenditure
- Status
- Live
- Output precision
- 2
- Polarity
- a low 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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