Department for Communities and Local Government - Local Government Finance Settlement 2008/09
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Table 2: Provisional 2010/11 Formula Grant data for Isle of Wight Council (R601)
Key Financial Information


Headline Allocations

        Revenue Support Grant and 
           Redistributed Business Rates in #m                 61.396654

        Formula Grant in #m                                   61.396654

Breakdown of Formula Grant

        Relative Needs Amount in #m                           54.780288
        Relative Resource Amount in #m                       -20.493148
        Central Allocation in #m                              30.652464
        Floor Damping in #m                                   -3.542949


        Formula Grant in #m                                   61.396654

Service and Sub-Service Components of 2010/11 Relative Needs Formulae (RNFs)


        Service or sub-service                              RNF

        Youth and Community                                 0.00002810655884
        Local Authority Central Education Functions         0.00012602461754
        Childrens Social Care                               0.00022734592103

        Total Childrens Services                            0.00038147709741 

        Elderly PSS                                         0.00048795780766
        Younger Adults PSS                                  0.00023374280945

        Total PSS FSS                                       0.00072170061710

        Fire                                                0.00009034928939

        Highway Maintenance                                 0.00006786901564

        EPCS - District Level                               0.00035216013726
        EPCS - County Level                                 0.00020863630927
        Flood Defence                                       0.00000000000000
        Continuing English EA Levies                        0.00000021980237
        Coast Protection                                    0.00000350743079
        Fixed Costs                                         0.00000507693915

        Total EPCS                                          0.00056960061884

        Capital Financing                                   0.00025637092526


        Upper-tier RNF                                      0.00137990284179

        Mixed-tier RNF                                      0.00000858436994

Taxbase


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

        Taxbase (millions)                                    0.054646

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 2010 . Contact: Karen Sussex on karen.sussex@communities.gsi.gov.uk


Return to: 2010/11 Settlement Local Authority Tables Index


Updated January 2010
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