Freedom of Information request - Capital receipts and redundancies (FOI-622)
To the information officer,
I am emailing to request information from the council under the Freedom of Information Act 2000.
For each of the following financial years: 2014/15, 2015/16, 2016/17, 2017/18, 2018/19 (up to the date on which you received this request) I request the following information:
A) The total amount of capital receipts (in
) received by the council following the disposal of any type of asset
B) A breakdown of the use of capital receipts within each financial year by the following three categories:
i)To help meet the cost of borrowing related to capital expenditure
ii)To invest in new capital expenditure
iii) To finance the revenue costs of service reform (as introduced in March 2016 - https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/507170/Flexible_use_of_capital_receipts__updated_.pdf)
C) A list of service reforms financed through capital receipts since flexible use of capital receipts was introduced in March 2016, including:
i) The date the reform began
ii) The amount (in
) of capital receipts used
iii) The savings target at the time
iv) The % of that savings target which has been met to-date
D) The amount of capital receipts (in
) used to meet the cost of redundancies made (or in the process of being made) by the council during each financial year
E) The number of redundancies made by the local authority in each financial year broken down by the service they relate to
I would like to receive this information electronically a spreadsheet, with the points above as the column headers if possible
If the decision is made to withhold some of this information using exemptions in the Act, please inform me of that fact and cite the exemptions used.
If you need clarification please contact me. Under your section 16 duty to provide advice and assistance I would expect you to contact me if you find this request unmanageable in any way before the 20th working day.
I would be grateful if you could confirm in writing that you have received this request, and I look forward to hearing from you in the near future..
Thank you for your request of 27th July. Please find the responses to your questions below.
In response to your questions A and B
- The total amount of capital receipts (in £) received by the council following the disposal of any type of asset
- A breakdown of the use of capital receipts within each financial year by the following three categories
Information regarding capital receipts received and applied each year can be found within our annual statement of accounts documents at the following link.
The use of capital receipts to fund capital financing is often applied at a higher level than individual scheme, as it can be dependent on availability of funding types that a local authority can use to fund capital works (e.g. grants, revenue contributions, reserves). Therefore, it is not consistently possible to tie back capital financing streams to individual schemes. Hackney has not used capital resource to fund borrowing costs or revenue costs of service reform.
- A list of service reforms financed through capital receipts since flexible use of capital receipts was introduced in March 2016
Flexible use of receipts is a discretion that the London Borough of Hackney has, to date, not used.
- The amount of capital receipts (in £) used to meet the cost of redundancies made (or in the process of being made) by the council during each financial year
- The number of redundancies made by the local authority in each financial year broken down by the service they relate to.
Redundancy volumes can also be found within the annual statement of accounts.
If you are dissatisfied with this response and wish to appeal, please respond to this email to request an Internal Review.
If you are still not satisfied following the Internal Review, you have a right to appeal to the Information Commissioner.
Information Commissioner"s Office
0303 123 1113
London Borough of Hackney