PARLIAMENTARY WRITTEN QUESTION
(26 November 2024)
Question Asked
Asked by:
James Wild (Conservative)
Answer
The Office for Budget Responsibility had forecast that local authorities would spend £1.4 billion more than the funding they would receive on high needs in the 2025/26 financial year. This was on the assumption that high needs funding would increase only by the gross domestic product (GDP) deflator. In fact, overall high needs funding increased by £1 billion, and given this higher level of funding, HM Treasury have recorded in their tables that this creates a corresponding £865 million reduction in expected local government spending on high needs (that is, in the level of local government spending over the funding they will receive).
Answered by:
()
1 January 1970
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