Harringay, Haringey - So Good they Spelt it Twice!
£17m boost for London Councils - Anyone know how Haringey's Share was calculated?
This from the Dept of Communities & Local Govt:
£17m boost for London Councils to help communities through the credit crunch
Councils in London are to receive a total of more than £17 million in contingency payments, to be used as they see fit to help meet local needs and priorities - particularly helpful in this difficult economic climate.
Local Government Minister John Healey has confirmed that, in all, 360 councils in England will receive their share of £100 million being made available within the next few days.
This extra funding comes from the Local Authority Business Growth Incentives (LABGI) scheme that has been in operation since 2006, and rewards councils for successfully promoting economic growth in their area.
In his speech to the New Local Government Network last month, Prime Minister Gordon Brown confirmed that the Government would release the last £100 million funding through the scheme, helping councils respond flexibly to the impact of the downturn on their communities.
Now, John Healey has confirmed the share that councils will get.
He said:
"Over the last three years, the LABGI scheme has made a real difference to local communities - in these difficult economic times, it has an even more important role to play.
"Different parts of the country will be affected by this downturn in different ways and to different degrees - as these pressures are being felt by families and businesses, councils are best placed to provide real help locally, tailored to local needs, to help people to stay in their homes and their jobs.
"So, I am pleased to be able to confirm the share of £100 million that councils will get, with no strings attached and extra to the core grant they receive, which will be a real boost to councils' coffers as they provide much-needed support to their communities - particularly in these tough economic times."
The £100 million LABGI payment is additional to the Local Government Finance Settlement. Next year - the second in the first-ever three-year settlement - local government will benefit from a 4.2 per cent increase in funding.
NOTES TO EDITORS:
1. The breakdown of funding to councils is published on the Communities and Local Government website, and can be found at: http://www.local.communities.gov.uk/finance/labgi.htm
2. The London council breakdown is as follows:
Council Contingency payment (£s)
Barking and Dagenham 90,639.02
Camden -
Enfield 375,180.51
Greenwich 232,818.86
Hackney 212,476.10
Harrow 95,764.57
Hounslow -
Waltham Forest 418,559.31
Ealing 1,501,121.10
Lambeth -
Redbridge 236,094.99
Haringey 270,698.29
Sutton 80,216.48
Bexley -
Kingston upon Thames 265,423.75
Lewisham 80,992.54
Brent 1,137,919.28
Westminster 4,429,262.66
Merton -
Kensington & Chelsea 1,626,559.34
Islington -
Bromley 141,119.51
Havering 302,715.03
Croydon 437,848.34
City of London -
Hillingdon 827,785.91
Southwark 2,627,838.82
Richmond upon Thames 56,503.52
Tower Hamlets 215,033.33
Newham 387,332.63
Hammersmith & Fulham 148,036.97
Barnet 761,047.86
Wandsworth 386,161.63
TOTAL 17,345,150.35
Anyone know the basis on which this was calculated?
£17m boost for London Councils to help communities through the credit crunch
Councils in London are to receive a total of more than £17 million in contingency payments, to be used as they see fit to help meet local needs and priorities - particularly helpful in this difficult economic climate.
Local Government Minister John Healey has confirmed that, in all, 360 councils in England will receive their share of £100 million being made available within the next few days.
This extra funding comes from the Local Authority Business Growth Incentives (LABGI) scheme that has been in operation since 2006, and rewards councils for successfully promoting economic growth in their area.
In his speech to the New Local Government Network last month, Prime Minister Gordon Brown confirmed that the Government would release the last £100 million funding through the scheme, helping councils respond flexibly to the impact of the downturn on their communities.
Now, John Healey has confirmed the share that councils will get.
He said:
"Over the last three years, the LABGI scheme has made a real difference to local communities - in these difficult economic times, it has an even more important role to play.
"Different parts of the country will be affected by this downturn in different ways and to different degrees - as these pressures are being felt by families and businesses, councils are best placed to provide real help locally, tailored to local needs, to help people to stay in their homes and their jobs.
"So, I am pleased to be able to confirm the share of £100 million that councils will get, with no strings attached and extra to the core grant they receive, which will be a real boost to councils' coffers as they provide much-needed support to their communities - particularly in these tough economic times."
The £100 million LABGI payment is additional to the Local Government Finance Settlement. Next year - the second in the first-ever three-year settlement - local government will benefit from a 4.2 per cent increase in funding.
NOTES TO EDITORS:
1. The breakdown of funding to councils is published on the Communities and Local Government website, and can be found at: http://www.local.communities.gov.uk/finance/labgi.htm
2. The London council breakdown is as follows:
Council Contingency payment (£s)
Barking and Dagenham 90,639.02
Camden -
Enfield 375,180.51
Greenwich 232,818.86
Hackney 212,476.10
Harrow 95,764.57
Hounslow -
Waltham Forest 418,559.31
Ealing 1,501,121.10
Lambeth -
Redbridge 236,094.99
Haringey 270,698.29
Sutton 80,216.48
Bexley -
Kingston upon Thames 265,423.75
Lewisham 80,992.54
Brent 1,137,919.28
Westminster 4,429,262.66
Merton -
Kensington & Chelsea 1,626,559.34
Islington -
Bromley 141,119.51
Havering 302,715.03
Croydon 437,848.34
City of London -
Hillingdon 827,785.91
Southwark 2,627,838.82
Richmond upon Thames 56,503.52
Tower Hamlets 215,033.33
Newham 387,332.63
Hammersmith & Fulham 148,036.97
Barnet 761,047.86
Wandsworth 386,161.63
TOTAL 17,345,150.35
Anyone know the basis on which this was calculated?
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