I have no plans to seek further information on levels of exposure on local government finance due to investment in the Madoff hedge fund.
Since 2006, the Government have issued over £1.1 billion in capitalisation directions to provide support for councils to deliver equal pay for thousands of employees.
In 2006-07, Communities and Local Government approved capitalisation directions for equal pay for 35 authorities totalling £160.5 million. A full list of these authorities and the sums they received is available at:
http://www.local.communities.gov.uk/finance/capital/cap0607appls.xls
The actual amount of capital expenditure used by individual authorities is available from their accounts.
In 2007-08, 46 applications for equal pay capitalisation were approved, totalling £500 million. The full list of authorities who received capitalisation directions, including the amount of capitalisation used is available at:
http://www.local.communities.gov.uk/finance/capital/equalpay0708.pdf
A further £455 million approved for 34 councils in 2008-09. The amount of capitalisation used by each individual authority will not be published until September 2009. However, a list of the councils who received directions is available at:
http://www.communities.gov.uk/news/corporate/977615