Local Government Finance

(asked on 9th December 2016) - View Source

Question to the Department for Levelling Up, Housing & Communities:

To ask Her Majesty’s Government what are the terms of reference of the fair funding review; when they expect to complete and publish the results of that review; and whether the review will take into account the different funding needs of different local authority areas.


This question was answered on 23rd December 2016

The Fair Funding Review is a thorough reassessment of the relative needs and resources formula for local government for a world in which local government spending will be funded by local resources not central grant. The Review will establish the funding baselines for the introduction of 100 per cent Business Rates Retention, which will be implemented by the end of the Parliament.

Since we announced the Review we have collaborated closely with local government representatives. We published a Call for Evidence in July which sought views on key questions the Review will address and are currently considering the responses.

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