Question to the Ministry of Housing, Communities and Local Government:
To ask the Secretary of State for Housing, Communities and Local Government, what restrictions are placed on the use of capital receipts gained from local authorities' disposals of surplus property through the One Public Estate programme; and what guidance his Department provides on the use of capital receipts gained from local authorities' disposals of surplus property through the One Public Estate programme.
There are a wide range of projects that qualify for expenditure using the capital receipts, for example: sharing back-office and administrative services with one or more other council or public sector bodies and setting up commercial or alternative delivery models to deliver services more efficiently and bring in revenue. The Statutory Guidance issued in March 2016 will still apply for the extended period.
Capital receipts raised from disposals supported by the One Public Estate programme are treated in the same way as standard disposals, in line with Minstry of Housing, Communities and Local Government’s policy, stated above.