Final local government finance settlement: England, 2023 to 2024
This collection brings together all documents relating to the final local government finance settlement: England, 2023 to 2024.
The local government finance settlement is the annual determination of funding to local government. It needs to be approved by the House of Commons.
This collection covers the final local government finance settlement for 2023 to 2024.
The provisional local government finance settlement 2023 to 2024 was published on 19 December 2022.
Introduction
This section contains the written ministerial statement laid in Parliament by the Rt Hon Michael Gove MP on 6 February 2023.
Provisional settlement consultation results
This section contains the summary of responses to the provisional settlement consultation, as well as the government’s final policy impact statement.
Final settlement 2023 to 2024
This section contains useful information for those interpreting the local government finance settlement for 2023 to 2024, including:
- the final local government finance report, 2023/24
- key information for local authorities
- key information for pools
- supplementary table and explanatory note for authorities with increased business rates retention arrangements
- breakdown of the settlement funding assessment calculation model
Business rates: revaluation adjustment top-up and tariff calculator and distribution of levy surplus
This section contains:
- a calculator which sets out the adjustment to top-ups and tariffs resulting from the 2023 revaluation and central list transfers
- confirmation of the distribution of levy surplus in 2023 to 2024 and the allocations of this
Core spending power of local authorities 2023 to 2024
Core Spending Power is a measure of the resources available to local authorities to fund service delivery. It sets out the funding made available to local authorities through the local government finance settlement. This section has:
- an explanatory note, which sets out the methodology used to calculate core spending power
- a summary table, which shows the change in core spending power since last year, and core spending power per dwelling
- supporting information, which shows the component figures (from Council Tax, locally retained business rates and so on) which are included in core spending power for each local authority
Social care funding and explanatory note 2023 to 2024
The 2023 to 2024 local government finance settlement provides around £2 billion in additional grant funding for social care. This section covers allocations of social care grant funding as part of the local government finance settlement alongside a social care resources explanatory note 2023/24.
This section has:
- allocations for the Social Care Grant 2023/24
- allocations for ASC Market Sustainability and Improvement Funding 2023/24
- allocations for Discharge Funding 2023/24
- social care resources explanatory note 2023/24