Question
To ask His Majesty's Government what their total financial contribution to local authorities in England will be in the financial year 2023–24 for (1) revenue spending, (2) capital investment, and (3) one-off grants, specifically excluding any funding towards local authority expenditure raised locally.
Answered on
10 March 2023
The final Local Government Finance Settlement for 2023/24 makes available up to £59.7 billion for local government in England. Where locally raised council tax is excluded the figure is £25.7billion.
The only one-off grant introduced into the Settlement was the one-off funding guarantee to ensure that every council sees at least a 3% increase in Core Spending Power next year before any local decisions on Council Tax rates.
However, not all funding to local government is provided through the Settlement. For example, the Government is providing capital funding including through the second round of the Levelling Up Fund which will see £2.1billion of taxpayer subsidy provided to 111 local infrastructure projects across the UK. Alongside this, there is the annual Public Health Grant at a total of over £3.4 billion per annum, amongst many other grants.