Department for Communities and Local Government - Local Government Finance Settlement 2007/08
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Table 2: 2007/08 Formula Grant data for Barking and Dagenham ( R383)
Key Financial Information


Headline Allocations

        Revenue Support Grant in #m                           12.389476
        Redistributed Business Rates                          73.825704

        Formula Grant in #m                                   86.215180

Breakdown of Formula Grant

        Relative Needs Amount in #m                           65.782874
        Relative Resource Amount in #m                        -5.864595
        Central Allocation in #m                              29.453805
        Floor Damping in #m                                   -3.156904


        Formula Grant in #m                                   86.215180

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


        Service or sub-service                              RNF

        Youth and Community                                 0.00005234423488
        Local Authority Central Education Functions         0.00018309712540
        Childrens Social Care                               0.00052397917254
        Childrens Social Care Damping                       -.00002989535930

        Total Childrens Services                            0.00072952517353 

        Elderly PSS                                         0.00041732217139
        Younger Adults PSS                                  0.00030438194983
        Younger Adults PSS Damping                          -.00002859693199

        Total PSS FSS                                       0.00069310718923

        Highway Maintenance                                 0.00007640686968

        EPCS - District Level                               0.00050307295070
        EPCS - County Level                                 0.00021127315721
        Flood Defence                                       0.00000000000000
        Continuing English EA Levies                        0.00000058009117
        Coast Protection                                    0.00000000000000
        Fixed Costs                                         0.00000506385425

        Total EPCS                                          0.00071999005333

        Capital Financing                                   0.00009718335255


        Upper-tier RNF                                      0.00171089248082

        Mixed-tier RNF                                      0.00000506385425

Taxbase


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

        Taxbase (millions)                                    0.051909

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.

(c) Crown Copyright 2006. This document, or extracts from this document, may not be reproduced without permission.

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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