Local government entities are under serious financial pressure, and procurement is tasked with helping to reduce spend.
Scotland publishes local government expenditure and income stats
Scotland's chief statistician has published figures of local government finance in 2023-24.
The figures give an overview of the financial activity of local government, including revenue expenditure and income; capital expenditure and financing; reserves; debt; and pensions.
The figures show that local authorities’ net revenue expenditure in 2023-24 was £14,296 million. Education and Social Work were the services with highest net revenue expenditure, accounting for £6,960 million and £4,604 million respectively.
Net revenue expenditure on Central Services increased by 103.2 per cent, £352 million, between 2022-23 and 2023-24. Of this increase, £260 million was due to Equal Pay payments that were made by Glasgow City Council during 2023-24.
There was £3,689 million of capital expenditure in 2023-24. This was predominantly financed by grants and contributions of £1,704 million and borrowing of £1,640 million.
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