The following table shows the increases for Chorley borough council in formula grant for each year from 1998-99 onwards on a like-for-like basis—i.e. after adjusting for changes in function and funding.
Prior years adjusted formula grant1(£ million) Current year's formula grant2 (£ million) Change (£ million) Percentage Change 1998-99 5.505 5.290 -0.215 -3.9 1999-2000 5.290 5.428 0.139 2.6 2000-01 5.428 5.676 0.248 4.6 2001-02 5.715 5.888 0.173 3.0 2002-03 5.789 6.105 0.316 5.5 Amended 2003-04 5.948 6.691 0.743 12.5 Amended 2004-05 5.972 6.309 0.338 5.7 Amended 2005-06 6.336 6.655 0.319 5.0 2006-073 7.378 7.698 0.320 4.3 2007-08 7.671 8.008 0.337 4.4 2008-09 8.063 8.221 0.158 2.0 2009-10 8.221 8.358 0.137 1.67 2010-11 provisional 8.358 8.487 0.129 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 Formula Grant comprises Revenue Support Grant, redistributed business rates, principal formula Police Grant, SSA Reduction Grant (SSA Review), SSA Reduction Grant (Police Funding Review) and Central Support Protection Grant where appropriate. 3 Prior to 2006-07 support for schools was paid through formula grant. In 2006-07 funding for schools transferred to the Dedicated Schools Grant.
The amount of formula grant an authority receives each year is not directly comparable due to changes in funding and functions. For example, prior to 2006-07 funding for schools was included within formula grant; from 2006-07 onwards funding for schools was provided by the dedicated schools grant. For this reason, we adjust the prior year's formula grant, for comparison purposes only, so that it reflects the notional amount of formula grant an authority would have received in that year had we been financing the same services as in the current year.
The Department only holds data on year-on-year changes in formula grant on a like-for-like basis from 1997-98. This is because it only became necessary to make these calculations when guarantees were introduced that formula grant would not go down from one year to the next.