PARLIAMENTARY WRITTEN QUESTION
Local Government Finance: Redbridge (22 June 2017)
Question Asked
Asked by:
Wes Streeting (Labour)
Answer
The table below shows Redbridge's revenue support grant in each year since 2010. Prior to 2013-14, the Government allocated councils Formula Grant, funded from redistributed business rates and Revenue Support Grant. In 2013-14 the Government introduced 50 per cent business rates retention. Therefore, Revenue Support Grant before 2013-14 is not comparable to Revenue Support Grant from 2013-14 onwards. Redbridge will also have received funding from other government departments through Section 31 grants administered by DCLG. The table also presents Redbridge's total net current expenditure for each year in the period where the data is available.
Year | Revenue Support Grant (£millions) | Redistributed Business Rates (£millions) | Formula Grant (£millions) | Net current expenditure (£millions) |
2010-11 | 12.4 | 85.6 | 98.0 | 607.5 |
2011-12 | 23.9 | 77.2 | 101.1 | 606.2 |
2012-13 | 1.8 | 94.3 | 96.1 | 612.7 |
2013-14 | 70.2 | - | - | 627.6 |
2014-15 | 58.1 | - | - | 621.6 |
2015-16 | 42.9 | - | - | 620.4 |
2016-17 | 33.0 | - | - | 619.1 |
2017-18 | 23.2 | - | - | - |
Answered by:
Mr Marcus Jones (Conservative)
27 June 2017
Contains Parliamentary information licensed under the Open Parliament Licence v3.0.