196501-324220 FOI Finance

Short Description
Local Government Finance Settlement
Reference number
FOI196501-324220
Date
22/02/2023
Request

On 19th December 2022 the Secretary of State for Levelling up, Housing and Communities released details of the provisional local government finance settlement for 2023/24.
I would therefore like to request

• The change to your Core Spending Power (CSP) for 2023/4 over 2022/3 as a result of the local government finance settlement.
• The impact of inflation on the council’s 2022/3 budget, as measured against the original 2022/3 budget.
• The estimated impact of inflation on the council’s budget for 2023/24
• How much you had originally forecast the inflationary increase in costs to be for a) 2022-3 and b) 2023-4 in percentage and actual terms.
• Details of any loans (PWLB or money market) taken out by the council after 30/9/22 and the loan provider, terms and time period for these loans.

Response