Department for Communities and Local Government - Local Government Finance Settlement 2011-12
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Table 2: 2011-12 Formula Grant data for Islington (R375)
Key Financial Information

Headline Allocations

 
        Revenue Support Grant in £m                           38.924652
        Redistributed Business Rates in £m                   125.927814

        Formula Grant in £m                                  164.852466

Breakdown of Formula Grant

 
        Grants Rolled In Using Tailored Distributions in £m   16.642943
        Relative Needs Amount in £m                          140.264243
        Relative Resource Amount in £m                       -45.965557
        Central Allocation in £m                              26.719608
        Floor Damping in £m                                   27.191229

        Formula Grant in £m                                  164.852466

Service and Sub-Service Components of 2011-12 Relative Needs Formulae (RNFs)

 

        Service or sub-service                              RNF

        Youth and Community                                 0.00005731645682
        Local Authority Central Education Functions         0.00014620741686
        Childrens Social Care                               0.00055690330675

        Total Childrens Services                            0.00076042718043 

        Elderly PSS                                         0.00054927964463
        Younger Adults PSS                                  0.00053791007959

        Total PSS FSS                                       0.00108718972422

        Highway Maintenance                                 0.00007306122457

        EPCS - District Level                               0.00073966264993
        EPCS - County Level                                 0.00035249171245
        Concessionary Travel                                0.00010682438373
        Flood Defence                                       0.00000000804901
        Continuing English EA Levies                        0.00000083105361
        Coast Protection                                    0.00000000000000
        Fixed Costs                                         0.00000416000456

        Total EPCS                                          0.00120397785329

        Capital Financing                                   0.00016560743324

        Upper-tier RNF                                      0.00238082527900

        Mixed-tier RNF                                      0.00000416000456

        Lower-tier RNF                                      0.00073967069894

Taxbase

 

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

        Taxbase (millions)                                    0.092396

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.

(c) Crown Copyright 2011. This document, or extracts from this document, may not be reproduced without permission.

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

Return to: 2011-12 Settlement Local Authority Tables Index

Updated January 2011
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