MHCLG · 13 December 20195 July 2024

Earmarked council reserves during the Conservative 2019–2024 government

Year ending March 2019Year ending March 2024 · 5 periods

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).

  1. Inherited level Year ending March 2019: £19.7bn
  2. Level when it left Year ending March 2024: £25.7bn
  3. 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.

Earmarked council reserves: Year ending March 2018 to Year ending March 2025ConservativeConservativeConservativeConservativeLabourLabour010k20k30k2018202020222024Year ending March 2018: £17.6bn £ million · published 13 August 2026Year ending March 2019: £19.7bn £ million · published 13 August 2026Year ending March 2020: £21bn £ million · published 13 August 2026Year ending March 2021: £31.9bn £ million · published 13 August 2026Year ending March 2022: £32bn £ million · published 13 August 2026Year ending March 2023: £26.8bn £ million · published 13 August 2026Year ending March 2024: £25.7bn £ million · published 13 August 2026Year ending March 2025: £25bn £ million · published 13 August 2026

Published valueProvisional or revisedLatestShaded bands: governments (see labels)Hover or use arrow keys to read a value

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.