FINANCE

Patterns of change

In the third of a series of articles on the financial sustainability of local authorities, Aileen Murphie focuses on the experiences of different types of councils in delivering and resourcing their capital programmes.

As a whole, the analysis paints a picture in which there is significant variation in patterns of capital expenditure and resourcing across different authority types. Metropolitan district councils in particular have a distinctive profile characterised by declining capital spending, relatively high debt servicing costs, and a worsening net debt position.

As the sector moves towards a largely self-financing future, understanding the factors behind, and potential implications of, these differences will become increasingly important.

Popular articles by Aileen Murphie

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