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:
The issue of precepts is a matter for the major and local precepting authorities as set out in the Local Government Finance Act 1992. There is no requirement for the precept to be broken down against specific services provided.
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.