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Local Government Finance: Bexley

Volume 501: debated on Wednesday 2 December 2009

To ask the Secretary of State for Communities and Local Government what the London local government finance settlement for the London Borough of Bexley (a) was in (i) 2005-06, (ii) 2006-07, (iii) 2007-08 and (iv) 2008-09 and (b) is for (A) 2009-10 and (B) 2010-11. (303721)

The following table shows the amount for formula grant, which is made up of Revenue Support Grant and redistributed business rates for non-police authorities, for the period requested.

Prior years adjusted formula grant1 (£ million)

Current year’s formula grant (£ million)

Change (£ million)

Percentage change

Amended 2005-06:

173.518

182.531

9.013

5.2

2006-072

56.490

57.671

1.181

2.1

2007-08

57.182

58.726

1.544

2.7

2008-09

62.365

63.612

1.247

2.0

2009-10

63.538

64.650

1.112

1.75

Provisional 2010-11

64.621

65.591

0.969

1.5

1 The prior year’s formula grant is adjusted for changes in function and funding to enable a like-for-like comparison.

2 Prior to 2006-07 support for schools was paid through formula grant. In 2006-07 funding for schools transferred to the Dedicated Schools Grant.