Local Government Finance

HM Treasury written question – answered on 23rd December 2015.

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Photo of Lord Warner Lord Warner Non-affiliated

To ask Her Majesty’s Government what are the other sources of local government income cited in the first bullet point of paragraph 2.123 on page 100 of the Spending Review and Autumn Statement 2015.

Photo of Lord O'Neill of Gatley Lord O'Neill of Gatley The Commercial Secretary to the Treasury

The other sources of local government income referred to in paragraph 2.123 includes business rates and council tax, both of which are forecast to increase over the course of the spending period. It is based on the English local authority current expenditure in supplementary fiscal table 2.31 to the OBR’s Economic and Fiscal Outlook publication (November 2015), excluding grants from central government.

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