PART 1General

Definition of “gross expenditure”4

1

Subject to paragraph (3), the gross expenditure of an authority for a year is the aggregate of the items which are—

a

attributable to the services administered by the authority during the year, and

b

charged to a revenue account for that year.

2

The items mentioned in paragraph (1)—

a

must be calculated using the estimates which were used to calculate—

i

the council tax requirement, or

ii

the levy,

of the authority for the year; but

b

must not include any—

i

allowances for contingencies, or

ii

contributions to financial reserves.

3

The gross expenditure of the GLA for a year is the aggregate of the amounts of gross expenditure calculated for each constituent body for that year.

4

In this regulation, “authority” includes a levying body and a constituent body.