MHCLG · 13 December 2019 – 5 July 2024
Earmarked council reserves during the Conservative 2019–2024 government
↑ 30.6%+£6bn £ million
Earmarked council reserves rose by 30.6% over the period, from £19.7bn £ million (Year ending March 2019, the level when the government took office) to £25.7bn (Year ending March 2024, the last complete period before it left office).
- Inherited level Year ending March 2019: £19.7bn
- Level when it left Year ending March 2024: £25.7bn
- method: latest complete period before start / before end
Changes during this period do not by themselves show what the government caused. Statistics reflect many influences, including earlier decisions, the economy and how the data is collected.
Definition and caveats
The other earmarked financial reserves each English local authority held at 31 March — money set aside for named purposes, excluding schools, dedicated schools grant and public health reserves and excluding the unallocated line.
Doesn’t measure: How firmly the earmarking binds: councils can and do re-purpose earmarked reserves, so the split between earmarked and unallocated is partly a presentation choice.