I have been asked to reply.
Information on capital grants issued to local authorities is not held centrally, and could be provided only at disproportionate cost.
I have been asked to reply.
The following table shows the amount of formula grant provided to Lancashire county council for the period 1998-99 to 2007-08, together with the increase year-on-year on a like-for-like basis after adjusting for changes in funding and function. Formula grant comprises revenue support grant, redistributed business rates and, for authorities with responsibility for policing, principal formula police grant. It is not appropriate to show just revenue support grant as the amount for England is dependant on the amount of redistributed business rates available for England in the year.
The large change in the level of formula grant in 2006-07 is due to the transfer of schools funding to the Dedicated Schools Grant.
Previous year's adjusted formula grant Current year’s formula grant Change in formula grant Percentage change in formula grant 1998-99 559.359 578.211 18.852 3.4 1999-2000 578.211 601.844 23.633 4.1 2000-01 601.843 628.203 26.360 4.4 2001-02 624.510 644.495 19.984 3.2 2002-03 623.966 650.639 26.673 4.3 2003-04 680.497 712.003 31.506 4.6 2004-05 691.061 733.177 42.116 6.1 2005-06 740.515 779.547 39.032 5.3 2006-07 215.765 222.766 7.001 3.2 2007-08 222.317 232.482 10.165 4.6
The information requested is not held centrally, and could be provided only at disproportionate cost.
Government support for borrowing by local authorities is issued as part of the Formula Grant Settlement. Formula Grant is unhypothecated and so capital support is not provided as a separate funding stream. The amount issued is calculated on a formulaic basis and therefore the Government do not intervene by reducing support to individual local authorities.
Government support for borrowing by local authorities is issued as part of the Formula Grant Settlement. Formula Grant is unhypothecated and so capital support is not provided as a separate funding stream. The amount issued to Buckinghamshire county council, as with all local authorities, is calculated on a formulaic basis and therefore the Government do not intervene by reducing support to individual local authorities.