Department for Communities and Local Government - Local Government Finance Settlement 2007/08
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Table 2: 2007/08 Formula Grant data for Barnet ( R384)
Key Financial Information

Headline Allocations

 
        Revenue Support Grant in #m                           11.823643
        Redistributed Business Rates                          70.454050

        Formula Grant in #m                                   82.277693

Breakdown of Formula Grant

 
        Relative Needs Amount in #m                           77.600586
        Relative Resource Amount in #m                       -54.085488
        Central Allocation in #m                              58.230592
        Floor Damping in #m                                    0.532003

        Formula Grant in #m                                   82.277693

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

 

        Service or sub-service                              RNF

        Youth and Community                                 0.00007112939108
        Local Authority Central Education Functions         0.00024976124666
        Childrens Social Care                               0.00061272172788
        Childrens Social Care Damping                       -.00002507357738

        Total Childrens Services                            0.00090853878824 

        Elderly PSS                                         0.00069009087911
        Younger Adults PSS                                  0.00040017740681
        Younger Adults PSS Damping                          0.00010212770671

        Total PSS FSS                                       0.00119239599263

        Highway Maintenance                                 0.00015239381199

        EPCS - District Level                               0.00090504458135
        EPCS - County Level                                 0.00040818132129
        Flood Defence                                       0.00000165033496
        Continuing English EA Levies                        0.00000154442431
        Coast Protection                                    0.00000000000000
        Fixed Costs                                         0.00000506385425

        Total EPCS                                          0.00132148451615

        Capital Financing                                   0.00018713324571


        Upper-tier RNF                                      0.00266305433845

        Mixed-tier RNF                                      0.00000671418921

Taxbase

 

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

        Taxbase (millions)                                    0.139582

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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