IRRV Alert - week ending 23rd October 2020
News
Consultations
Reports
Coronavirus (COVID-19): emergency funding for local government (22 October 2020)
Guidance
Coronavirus (COVID-19): emergency funding for local government
Allocations of additional funding to local authorities.
Published 30 March 2020
Last updated 22 October 2020 — see all updates
From:
Ministry of Housing, Communities & Local Government
Applies to:
England
Documents
COVID-19: funding allocations
MS Excel Spreadsheet, 245KB
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COVID-19: funding allocations
ODS, 240KB
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Technical note on July 2020 local government finance COVID-19 package
PDF, 358KB, 8 pages
Technical note on allocation of October COVID-19 local government finance package
PDF, 307KB, 7 pages
Details
Over March and April 2020, the government provided £3.2 billion of emergency grant funding and over £5 billion of cashflow support to support local authorities through Covid-19.
On 2 July 2020, the Secretary of State announced a new set of support measures, including:
- a new scheme to reimburse councils for lost income from sales, fees, and charges
- changes enabling local authorities to spread their tax deficits over 3 years rather than the usual one
- a further £500 million of un-ringfenced funding to respond to spending pressures
On 22 October 2020, the Secretary of State announced allocations of a further £919 million of a further un-ringfenced funding to respond to spending pressures. This is part of a package of further support for councils worth over £1 billion.
These documents set out the allocations of the funding to meet spending pressures; a technical note with more details about the income scheme, collection fund deficit phasing and the distribution of the £500 million announced in July 2020, and a further technical note on the distribution of the funding announced in October.
Published 30 March 2020
Last updated 22 October 2020 + show all updates