Flexible Use of Capital Receipts Policy

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Flexible Use of Capital Receipts Policy

On 26 March 2025, the government published a new version of the Direction and Guidance on Flexible Use of Capital Receipts, extending the general direction on flexible use of capital receipts to 2029/30. This flexibility has been in place since 2016 and supports authorities in taking forward transformation and invest-to-save projects by allowing them to use the proceeds from asset sales to fund eligible revenue costs.

The guidance recommends that councils produce a Flexible Use of Capital Receipts Strategy, setting out details of projects to be funded through the flexible use of capital receipts and is prepared and approved by Full Council prior to the start of each financial year. At East Suffolk Council this is reported as part of the council’s annual Budget Report to Full Council in February. It is also possible for an authority to revise its plans at any time in the financial year.

East Suffolk Council’s Flexible Use of Capital Receipts Strategy 2022/23 to 2029/30

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