Local Government Finance: South Tyneside
(asked on 28th June 2023) - View Source
Question to the Department for Levelling Up, Housing & Communities:
To ask the Secretary of State for Levelling Up, Housing and Communities, pursuant to the Answer of 24 January 2023 to Question 127773 on South Tyneside, if he can provide a breakdown of what the returned grant funding was allocated for.
The returned grant allocations were in respect of the business rates system. Following submission of outturn figures, South Tyneside made the below reconciliation repayments to DLUHC. The repayments are against funding paid to the local authority on account based on estimates they provided.
Amount | Purpose |
£92,320.00 | Adjustments to the Covid Tax Income Guarantee Scheme for 20-213 |
£6,393,896.00 | Adjustments to Business Rates Relief grants for 20-211 |
£18,130.00 | Adjustments to Business Rate Retention payments for 2019-202 |
£246,099.00 | Adjustments to Business Rate Retention payments for 2020-211 |
1 The figure can be found in the published 2020-21 NNDR3 https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/1104063/NNDR3_2020-21_LA_dropdown_september.xlsx
2 The figure can be found in the published 2019-20 NNDR3 https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/1104043/NNDR3_2019-20_LA_dropdown_september.xlsx
3 A reconciliation calculation was carried out by DLUHC based on submitted 2020-21 NNDR1 and NNDR3 figures to compensate LAs for a share of lost local tax in response to Covid. A calculator was shared with LAs to allow them to calculate their final value of this grant in advance.