The Secretary of State for Housing, Communities and Local Government, James Brokenshire announces future funding for local authorities in a statement to the House of Commons. Originally scheduled for last week, the announcement was delayed to allow for the 'Meaningful Vote' debate.
The local government finance settlement is the annual determination of funding to local government. It needs to be approved by the House of Commons.
Mr Brokenshire announced the week long delay to his statement in a written ministerial statement last week. He said,
"My parliamentary colleagues will wish to engage thoroughly in these debates and will also wish to consider the proposed Local Government Finance Settlement for 2019-20. I have therefore decided to announce the provisional Local Government Finance Settlement after this protected period, by way of an oral statement.
I can confirm that the usual period for making representations on the provisional Local Government Finance Settlement will not be truncated as a result."
Speaking in the Commons Chamber, the Secretary of State said:
“This provisional settlement confirms that core spending power is forecast to increase from £45.1 billion in 2018/19 to £46.4 billion in 2019/20, a cash increase of 2.8% and a real-terms increase in resources available to local authorities.”
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