The Local Council Report / Capital & debt / MRP · markdown view

MRP

£000/yr · extracted · council-year

This is the money the council set aside from its yearly budget to repay its borrowing — a bit like the repayment part of a mortgage payment. Councils are required to do this so their debts actually get paid off over time. A reasonable figure means the council is honestly budgeting for its debts; a suspiciously small one (compared with what it owes) means it is deferring the pain and future budgets will have to pick up the tab.

Definition

namemrp
dataset02-capital-outturn-debt
kindextracted
typenumeric
unit£000/yr
graincouncil-year
rolefeature
sourceCapital_time_series_data_wide_24_03_26.csv, column PRU1_prurpyrevmrp_amt
period2018-19 to 2024-25
missingnessunknown
score_noteStatutory jargon and size-driven; its power comes only via mrp_adequacy.
peer_groupcouncil class (district / county / unitary / metropolitan / London) — not yet scored on the leaderboard

Minimum Revenue Provision — the statutory annual revenue charge a council must set aside to repay capital debt; the core principal component of debt-servicing cost. For efficiency scoring, MRP is money diverted from services to service debt, and abnormally low MRP relative to debt stock indicates deferred repayment (under-provisioning), a known distress precursor. Use the non-HRA _amt column for like-for-like comparisons.