Provisional local government finance settlement: England, 2024 to 2025
This collection brings together all documents relating to the provisional local government finance settlement for England in 2024 to 2025.
On 5 February 2024 the final local government finance settlement: England, 2024 to 2025 was published.
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 provisional local government finance settlement for 2024 to 2025 and includes a consultation on the proposals. Following the conclusion of this consultation, the final settlement for 2024 to 2025 will be published and laid before the House of Commons in early 2024.
Introduction
This section contains the press release for the provisional settlement 2024 to 2025 and the written ministerial statement made in Parliament by the Rt Hon. Michael Gove MP on 18 December 2023.
Provisional settlement 2024 to 2025: consultation
This section contains the provisional local government finance settlement consultation document. The consultation runs for 4 weeks and the government is seeking views by 15 January 2024.
Provisional settlement 2024 to 2025: supporting documents
This section contains useful information for understanding the provisional local government finance settlement for 2024 to 2025, including:
- the draft local government finance report 2024 to 2025
- a key information table for local authorities regarding core settlement allocations
- 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
Draft council tax reports 2024 to 2025
This section contains draft versions of the 2 council tax referendum principle reports that will be laid before the House of Commons for approval at the time of the final settlement:
- the draft Referendums Relating to Council Tax Increases (Principles) Report 2024 to 2025
- the draft 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)
To note, Core Spending Power figures set out local authorities’ position under 50% business rates retention arrangements, which is the position that applies to most local authorities. Core Spending Power figures have not been amended to reflect authorities with bespoke ‘increased’ business rates retention arrangements (i.e. above 50% retention arrangements).
Provisional settlement 2024 to 2025: social care funding
The provisional local government finance settlement for 2024 to 2025 provides around £1 billion in additional grant funding for social care. This section contains an information table which sets out allocations of social care grant funding as part of the settlement.
Provisional settlement 2024 to 2025: New Homes Bonus allocations
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