CTR grant in light of revised benefit spending forecasts

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  • #46218
    jmembery
    Participant

    In light of the Government’s revised forecast on benefits expenditure and IDS’ statement that spending on all benefits will rise, are we all now writing to the DCLG asking when they will be increasing this years CTR grant in recognition of this?

    #130376
    peterdelamothe
    Keymaster

    New Burdens Funding 2013/14

    Government will make available £33.5m of additional new burdens funding to billing authorities. This will be paid with a single payment under s31 of the Local Government Act 2003 to each billing authority no later than 30 April 2013. The allocations for each authority were published alongside the Local Government Finance settlement.

    http://www.local.communities.gov.uk/finance/1314/specgrant1314/CTSnewburdensfunding.xls

    #130378
    jmembery
    Participant

    Hi Peter, yes but this was just a re-announcment.

    The difference to my LA in using an assumed fall in CTB expenditure rather than an increase as would have been the reality is around £500,000 a year.

    #130379
    seanosul
    Participant

    From next year there will not be an itemised amount for CTR, it will just be paid as part of the settlement to local government, which will be 15% lower overall.

    #130380
    jmembery
    Participant

    Indeed Sean, which is why I am very keen to try and get this sorted this year so at least the 15% reduction will be based on a proper figure.

    #130382
    seanosul
    Participant

    Wasn’t that the idea of localisation – that we take the risk now?

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