Exceptional financial support for local authorities: capitalisation directionsauthorities
Details of capitalisationsupport directions granted to local authorities that have requested exceptional financial support during the COVID-19 pandemic.
Documents
Details
The government has given considerable support to the local government sector to respond to the COVID-19 pandemic.
However, a small number of individual authorities have unique circumstances or residual issues that have resulted in unmanageable pressures, and have made the local decision to approach the government to request support.
ToThe supportgovernment thesehas authorities,therefore we have agreed to provide flexibilitiesadditional –financial throughsupport a capitalisation direction – to enablethese authorities toon usean capitalexceptional resources to support their revenue budget positions.basis.
The capitalisationdetails directionsof support published above relate to the financial year 2020-21.
A small number of authorities have also requested support in relation to unmanageable pressures in the 2021-22 financial year, either in addition to a request for 2020-21, or just for 2021-22.
The government has agreed support in principle for these authorities, subject to the outcome of an external assurance review. Therefore, the final amount of support may be subject to change. We will publish a final outcome in due course.
Authorities that have requested support for both 2020-21 and 2021-22
Local authority | Capitalisation directions agreed for 2020-21 | In-principle support agreed in respect of 2021-22 |
---|---|---|
Bexley | £3.87m | £5.125m |
Eastbourne | £6.8m | £6.0m |
Luton | £35.0m | £14.0m |
Peterborough | £4.8m | £20.0m |
Wirral | £9.0m | £10.7m |
Croydon | £70.0m | £50.0m |
Nottingham | £20.0m | £15.0m |
Authorities that have requested support for 2021-22 only
Local authority | Capitalisation directions agreed for 2020-21 | In-principle support agreed in respect of 2021-22 |
---|---|---|
Copeland | - | £1.5m |
Slough | - | £15.2m |
Authorities that have requested support for 2020-21 only
Local authority | Support agreed for 2020-21 | In-principle support agreed in respect of 2021-22 |
---|---|---|
Redcar and Cleveland | £3.68m | - |
Last updated
-
Added Redcar and Cleveland grant determination.
-
Added Croydon and Nottingham capitalisation directions.
-
Added Wirral capitalisation direction
-
First published.