Core spending power: final local government finance settlement 2017 to 2018
Spending power measures the overall revenue funding available for local authority services.
▤ Verbatim text from source document
Core spending power measures the core revenue funding available for local authority services, including Council Tax and locally retained business rates. This page has:
- an explanatory note which sets out the methodology used to calculate core spending power
- an explanatory note which sets out the methodology used to calculate allocations for the transition grant
- an explanatory table which shows the change in core spending power over the Spending Review period, year-on-year changes and core spending power per dwelling
- an explanatory table which shows the component figures (from Council Tax, locally retained business rates and so on) which are included in core spending power for each local authority
- a supporting table showing funding elements which have been kept visible in the core spending power of local authorities