Thanet District Council: Finance

(asked on 9th October 2024) - View Source

Question to the Ministry of Housing, Communities and Local Government:

To ask the Secretary of State for Housing, Communities and Local Government, whether her Department has made an estimate of how much funding to Thanet District Council has been cut since 2010 in (a) real terms and (b) as a percentage; and whether she has made an estimate of the potential current level of funding without the cuts.


Answered by
Jim McMahon Portrait
Jim McMahon
Minister of State (Housing, Communities and Local Government)
This question was answered on 14th October 2024

We understand that improving how local government is funded is crucial to enabling councils to deliver for local residents and ensuring we can deliver our missions, and we acknowledge the real pressures faced by councils in dealing with demand for vital services. We will provide councils with more stability and certainty through moving towards multi-year funding settlements and by ending wasteful competitive bidding. This will ensure councils can plan their finances for the future properly, delivering better value for money for taxpayers.

For 2024/25, the Local Government Finance Settlement was £64.7 billion. For Thanet Council, this made available up to £20.3 million, an increase of £1.1 million, or 5.9% on 2023-24.

Future local authority funding decisions will be a matter for the next Spending Review and Local Government Finance Settlement. We want to hear from councils about the financial challenges they are facing and we are committed to improving the local government finance landscape in this Parliament.

Reticulating Splines