Department for Communities and Local Government - Local Government Finance Settlement 2008/09
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Table 2: 2008/09 Formula Grant data for Kings Lynn and West Norfolk (R207)
Key Financial Information


Headline Allocations

        Revenue Support Grant in #m                            1.795921
        Redistributed Business Rates in #m                    12.900980

        Formula Grant in #m                                   14.696902

Breakdown of Formula Grant

        Relative Needs Amount in #m                            7.606727
        Relative Resource Amount in #m                        -2.665152
        Central Allocation in #m                              10.331053
        Floor Damping in #m                                   -0.575726


        Formula Grant in #m                                   14.696902

Service and Sub-Service Components of 2008/09 Relative Needs Formulae (RNFs)


        Service or sub-service                              RNF

        EPCS - District Level                               0.00033899505572
        EPCS - County Level                                                -
        Flood Defence                                       0.00003629122845
        Continuing English EA Levies                                       -
        Coast Protection                                    0.00000000000000
        Fixed Costs                                         0.00000507693915

        Total EPCS                                          0.00038036322332

        Capital Financing                                   0.00001605691256

        Mixed-tier RNF                                      0.00004136816760

Taxbase


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

        Taxbase (millions)                                    0.050104

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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DCLG - January 2008 . Contact: Karen Sussex on karen.sussex@communities.gsi.gov.uk


Return to: 2008/09 Settlement Local Authority Tables Index


Updated January 2008
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