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 Milton Keynes (R620)
Key Financial Information

Headline Allocations

 
        Revenue Support Grant and 
           Redistributed Business Rates in #m                 87.293698

        Formula Grant in #m                                   87.293698

Breakdown of Formula Grant

 
        Relative Needs Amount in #m                           71.558156
        Relative Resource Amount in #m                       -25.799955
        Central Allocation in #m                              45.818465
        Floor Damping in #m                                   -4.282969


        Formula Grant in #m                                   87.293698

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

 

        Service or sub-service                              RNF

        Youth and Community                                 0.00004979497239
        Local Authority Central Education Functions         0.00022645546387
        Childrens Social Care                               0.00043175839888

        Total Childrens Services                            0.00070800883514 

        Elderly PSS                                         0.00044889170314
        Younger Adults PSS                                  0.00032504633185

        Total PSS FSS                                       0.00077393803499

        Highway Maintenance                                 0.00019189185419

        EPCS - District Level                               0.00055100353972
        EPCS - County Level                                 0.00034376759403
        Flood Defence                                       0.00000396323269
        Continuing English EA Levies                        0.00000075079123
        Coast Protection                                    0.00000000000000
        Fixed Costs                                         0.00000507693915

        Total EPCS                                          0.00090456209682

        Capital Financing                                   0.00042275976173


        Upper-tier RNF                                      0.00201835710959

        Mixed-tier RNF                                      0.00000904017183

Taxbase

 

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

        Taxbase (millions)                                    0.083112

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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