Department for Communities and Local Government - Local Government Finance Settlement 2012-13
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Table 8: Annotated Annex T of the LGFR for East Lindsey (R195)

Calculation of Adjusted Formula Grant for 2011-12 (£ 13,997,401)

 
The adjusted formula grant is created to enable like-for-like comparisons between
the amount of formula grant an authority would have received in 2011-12, had 
formula grant in that year covered the same functions for each authority as it 
does for 2012-13. The adjusted formula grant is used in calculating the floor 
damping amount for each authority. These calculations do not affect an authority's 
grant entitlement in 2011-12.

The Secretary of State has estimated the amount of adjusted formula grant for 
each authority as (d) in the table below, as follows:

      (a) the sum of the following items:

                  the share of the Distributable Amount calculated in accordance with
                  section 7 of the Local Government Finance Report 2011-12
                  (£  10,736,350), plus

                  the share of Revenue Support Grant calculated in accordance with 
                  section 6 of the Local Government Finance Report 2011-12
                  (£   3,318,637), plus


     (b) An adjustment for Private Sewers, being:

               (i) The number of properties within each authority as estimated by the 
                   Secretary of State. The estimate is generally derived from the authority’s 
                   Council Taxbase Return (CTB) for October 2009 (      65,347)

               (ii) The sum of (i) above for all authorities (  22,763,366)

               (iii) The result of (i) above divided by the result of (ii) above.

               (iv) The result of (iii) above multiplied by £20,058,708

    (c) An adjustment for Academies, being the result of:

           the 2011/12 Local Authority Central Education Services Relative 
           Needs Formula for each authority calculated in accordance with paragraph 
           4.nn of section 4 of this Report ( 0.00000000000000), divided by
           the control total for the Local Authority Central Education Services given in 
           Annex E of this Report( 0.02786340416773), multiplied by
           £145,240,000

    (d)  The sum of the following items as appropriate:

            (a) as defined above (£  14,054,986) minus
            (b) as defined above (£      57,586) minus
            (c) as defined above (£           0).


            = (£  13,997,401)

(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: 2012-13 Settlement Local Authority Tables Index

Updated February 2011
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