Five steps to local authority funding
Nine months into the new Parliament, the shape of local government funding in England for the next four years is fairly clear. There have been five central government “events” that have revealed this picture. The first was an announcement on business rates and revenue support grant (RSG) on 5 October. The second was a combined Spending Review (SR) and Autumn Statement on 25 November. The provisional and final local government finance settlements were published on 17 December and 8 February. Finally there was the Budget on 16 March.
My article on p12 of LGiU’s C’llr magazine summarises the picture emerging from these events.