Department for Communities and Local Government - Local Government Finance Settlement 2007/08
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Table 2: 2007/08 Formula Grant data for Ashfield ( R229)
Key Financial Information

Headline Allocations

 
        Revenue Support Grant in #m                            1.536838
        Redistributed Business Rates                           9.157625

        Formula Grant in #m                                   10.694463

Breakdown of Formula Grant

 
        Relative Needs Amount in #m                            4.019765
        Relative Resource Amount in #m                        -1.029663
        Central Allocation in #m                               7.842178
        Floor Damping in #m                                   -0.137817


        Formula Grant in #m                                   10.694463

Service and Sub-Service Components of 2007/08 Relative Needs Formulae (RNFs)

 

        Service or sub-service                              RNF

        EPCS - District Level                               0.00025840402529
        EPCS - County Level                                                -
        Flood Defence                                       0.00000078865564
        Continuing English EA Levies                                       -
        Coast Protection                                    0.00000000000000
        Fixed Costs                                         0.00000506385425

        Total EPCS                                          0.00026425653518

        Capital Financing                                   0.00001339661280

        Mixed-tier RNF                                      0.00000585250989

Taxbase

 

        COUNCIL TAX BASE FOR REVENUE SUPPORT GRANT PURPOSES
        (see Local Government Finance Report Annex C)

        Taxbase (millions)                                    0.034387

Please note that the Re-distributed Business Rate Income, Revenue Support Grant and Special Grant figures provided here should be regarded as estimates and NOT formal notification of the final figures.

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ODPM - November 2006 . Contact: Karen Sussex on karen.sussex@communities.gsi.gov.uk

Return to: 2007/08 Settlement Local Authority Tables Index

Updated November 2006
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