Final local government finance settlement: England, 2024 to 2025
This collection brings together all documents relating to the final local government finance settlement for England, 2024 to 2025.
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 2024 to 2025 which was approved by the House of Commons on 7 February 2024.
The provisional local government finance settlement 2024 to 2025 was published on 18 December 2023.
Introduction
This section contains the press release for the final settlement 2024 to 2025 and the written ministerial statement made in Parliament by the Rt Hon Michael Gove MP on 5 February 2024.
Provisional settlement consultation results
This section contains the summary of responses to the provisional local government finance settlement consultation.
Final settlement 2024 to 2025: supporting documents
This section contains useful information for understanding the final local government finance settlement for 2024 to 2025, including:
- the local government finance report 2024 to 2025
- a key information table for local authorities regarding core settlement allocations
Council tax reports 2024 to 2025
This section contains the council tax referendum principle reports that were approved by the House of Commons:
- the referendums relating to council tax increases (principles) report 2024 to 2025
- the referendums relating to council tax increase (alternative notional amounts) report 2024 to 2025.
Core spending power of local authorities 2024 to 2025
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
- an information table, which shows for each local authority: the change in core spending power since last year; core spending power per dwelling; and the component figures which are included in core spending power (council tax, locally retained business rates and relevant government grants)
Business rates retention 2024 to 2025
This section contains useful information for understanding the business rates retention system for 2024 to 2025, including:
- a key information table for business rates pools
- an explanatory note for authorities with increased business rates retention arrangements
- a supplementary table setting out all local authorities’ 50% business rates retention position, for calculation purposes
- a calculator which sets out the adjustment to top-ups and tariffs resulting from the 2023 revaluation and central list transfers
- an information table setting out the distribution of levy surplus in 2023 to 2024 and the allocations of this
- confirmation of the green plant and machinery exemption compensation from 2022 to 2023 and 2023 to 2024 onwards, and the allocations of this
Social Care Grant 2024 to 2025
This section contains an information table which sets out allocations of the Social Care Grant as part of the settlement.
New Homes Bonus 2024 to 2025
The New Homes Bonus is a grant paid by central government to local councils to reflect and incentivise housing growth in their areas. This section has:
- an information table which sets out New Homes Bonus allocations as part of the settlement
- a calculator which sets out how New Homes Bonus allocations have been determined for each local authority
Grant determinations 2024 to 2025
This section contains grant determinations for 2024 to 2025:
- Social Care Grant
- Improved Better Care Fund Grant
- Market Sustainability and Improvement Fund Grant
- Discharge Fund
- Funding Guarantee Grant
- Rural Services Delivery Grant
- Services Grant
Updates to this page
Last updated 30 April 2024 + show all updates
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Added Grant Determinations 2024 to 2025 for: Funding Guarantee Grant, Rural Services Delivery Grant, Services Grant Determination.
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Added Grant Determinations 2024 to 2025 for: Social Care, Improved Better Care Fund, Market Sustainability and Improvement Fund, Discharge Fund.
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Added Business rates levy surplus distribution 2023 to 2024.
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First published.