Housing Revenue Account (HRA) Statistics: Scottish Local Authority Housing Income and Expenditure 1997-98 to 2022-23 (near actuals) & 2023-24 (budgeted estimates)

12. Capital investment (charts 13, 14) (tables 22a, 23)

12.1 These capital investment figures are not from the HRA data collection but are instead taken from the Scottish Government local government finance data collections including the Local Finance Return (LFR) Capital Return (CR) and the Provisional Outturn and Budgeted Estimates (POBE).

12.2 Local Authorities’ provisional capital investment on HRA housing, financed from all sources (including new borrowing, useable receipts and financed from the CFCR from the HRA surplus) in 2022-23 is £1.1bn. This includes £491m on improvements to existing council houses, £482m on new council houses and £95m on other capital expenditure. This expenditure is in addition to the day-to-day maintenance referred to earlier. The councils with the greatest capital investment in new council dwellings in 2022-23 were Aberdeen City (£133m) and North Lanarkshire (£115m). Actual capital expenditure in 2021-22 was £950m.