- Reference: 2023/4327
- Question by: Krupesh Hirani
- Meeting date: 16 November 2023
The Government has said, “We recognise all councils are facing pressures, so we are introducing a one-off funding guarantee to ensure that every council sees at least a 3% increase in Core Spending Power next year before any local decisions on Council Tax rates. We are funding this by repurposing the Lower Tier Services Grant and a proportion of the New Homes Bonus underspend.” What discussions, if any, have you had with the Government on how this decision will affect the GLA budget for 2024/25?