The Local Council Report / Capital & debt / Receipts coverage of capex · markdown view

Receipts coverage of capex

ratio · constructed · council-year

This compares the money the council raised from selling its assets in a year with what it spent on building and buying. It matters because it shows whether sell-offs could realistically fund the council's investment. A high number means asset sales cover a big chunk of project spending — the council is trading assets rather than borrowing; a low number means sales are small change next to what is being built, so the money must come from elsewhere.

Definition

namereceipts_coverage_of_capex
dataset02-capital-outturn-debt
kindconstructed
typenumeric
unitratio
graincouncil-year
rolefeature
sourcecapital_receipts_in_year / capex_total — REC_recrcv_amt divided by EandR1_alltot_expgrandtot (both this dataset)
period2018-19 to 2024-25
missingnessunknown
score_noteSelling-more-than-building flag, but near-duplicate of asset_sale_reliance.
peer_groupcouncil class (district / county / unitary / metropolitan / London) — not yet scored on the leaderboard

Whether asset disposals are outpacing capital investment: receipts received in year over total capital expenditure. Persistently high values suggest the balance sheet is being run down — the council is selling more than it is building. Because receipts are lumpy, a single high year (one large disposal) is not itself a red flag.