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DCLG consults on formula for revenue transport needs

FUNDING

02 February 2018
 

The Government is consulting on developing a specific formula to assess how much revenue funding local authorities in England need for routine highways maintenance and public transport. 

The formula would influence how business rate revenues are redistributed between councils to take account of their relative needs. 

Funding baselines for local authorities are currently calculated using 15 relative needs formulas. The method was introduced more than a decade ago and predates the...

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