The Department has allocated £272.5 million of Growth Funds in 2009-10 and £184.3 million in 2010-11. Awards for 2010-11 are provisional with the allocations being paid and confirmed in early 2010. We will adopt a policy of only altering provisional allocations in exceptional circumstances, in line with the approach taken in relation to the local government finance settlement. As a single unringfenced block grant, local authorities have the flexibility to prioritise how and when they spend their funding allocations. In addition, £60 million of eco-towns growth funding was announced on 8 February 2010.
A full list of allocations is available on the Department's website:
Since the scheme began in 2000 about £3.04 billion has been allocated by the Treasury to performance reward grant funding. £1.2 billion was allocated to the first round as part of spending review 2000 and £1.5 billion was allocated to the second under comprehensive spending review 2004. A further £340 million was allocated to the current round as part of comprehensive spending review 2007.