Proposals for the use of capital receipts from asset sales to invest in reforming services

In the Spending Review document Investing in Britains’s future, the government announced that it would consult on allowing local authorities some flexibility to use their receipts from asset sales to pay for the one-off revenue costs of service reforms.

This consultation paper explores options for the introduction of such flexibilities to help stimulate organisational change for local authorities, and asks local authorities for views and suggestions.