Thursday, December 08, 2011

Local Government Settlement

More detail on the Local Government finance settlement out - details here and comparative tables here ...

... Edinburgh benefits from the new "no council should receive less than 85 per cent of the average" commitment, to the tune of some £21million next financial year (2012/13).

By a quirk of local government accounting that equates to almost exactly the sum that's been lost in the last 3-years (circa £7million/year) due to the centralist imposition of the Council Tax freeze; which should more correctly be known as the Service Improvement freeze.

Aberdeen benefits in a  similar fashion, with all other Councils seeing a real-terms reduction.

Not to be too churlish - this does make year 1 (2012/13) look somewhat less daunting for Edinburgh, but years 2 and 3 (2013/14 and 2014/15) remain a depressing financial sight.

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