As announced by the Deputy First Minister on 19 December 2023
REVENUE - our reality
| The 23/24 Settlement provided | £12,650m |
|---|---|
| Existing policy commitments total: | £705m * |
| TOTAL REQUIRED TO STAND STILL | £13,355m |
| The 24/25 Settlement provides | £13,245m |
| +£15m for Community Mental Health and Wellbeing (currently shown out with the core settlement) | £15m |
| SHORTFALL | £95m |
*In COSLA “Councils are Key” document, we stated a figure of £795m. £90m of this relates to Teachers pensions and will come to Local Government later in the year
Council Tax Freeze
£144m has been provided for a council tax freeze - we said the cost could be as much as £300m- this leaves a gap of £156m.
BUDGET REALITY is a cut of £251m for Local Government (note that this does not include the impact of inflation)
CAPITAL – our reality
| The 23/24 Settlement provided: | £708m* |
|---|---|
| Existing policy commitments total: | £29.5m |
| TOTAL REQUIRED TO STAND STILL | £737.5m |
| 24/25 Settlement (including £40m for Free School Meal expansion) |
£638m |
| SHORTFALL | £99.5m |
BUDGET REALITY is a cut of £99.5m for Local Government (note that this does not include the impact of inflation)