Research Briefing
Local Government Finance Settlement 2015/16 – initial analysis
Settlement funding assessments for local authorities will decrease by 13.9% and the overall reduction in Spending power, a measure of The total funding available to local authorities (excluding the GLA), was confirmed as 1.8%. The Government will again be offering Council Tax Freeze Grant to those authorities that freeze their council tax in 2015/16. Local authorities raising their council tax by 2% or more will have to hold a local referendum on the proposal.