MHCLG · 13 December 2019 – 5 July 2024
Unallocated council reserves during the Conservative 2019–2024 government
↑ 13.0%+£552.9m £ million
Unallocated council reserves rose by 13.0% over the period, from £4.3bn £ million (Year ending March 2019, the level when the government took office) to £4.8bn (Year ending March 2024, the last complete period before it left office).
- Inherited level Year ending March 2019: £4.3bn
- Level when it left Year ending March 2024: £4.8bn
- 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 unallocated financial reserves each English local authority held at 31 March — the council's uncommitted cushion, excluding reserves earmarked for a purpose and excluding schools, dedicated schools grant and public health reserves.
Doesn’t measure: Total usable reserves (earmarked reserves are a separate line), whether the level is adequate for the authority's risks, or capital reserves. A council running down this line may be spending reserves or reclassifying them as earmarked.