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Capital reserves as a % net revenue expenditure (4215) Metric type

URI
http://id.esd.org.uk/metricType/4215
Help text
Capital grants unapplied and capital receipts reserves weighted according to total net revenue expenditure. Capital reserves is from the WGA submissions; Net revenue expenditure is from the RA returns. Higher capital reserves provide more scope for investment that can save costs or generate income in the future. The definition is limited to two particular reserves due to data limitations. The higher the value, the greater the capital reserves.
Modified
11 Jan 2024
Data last updated
28 Jun 2023
Short label
Capital 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
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