Contents
Report 5 of the 21 February 2008 meeting of the Finance Committee providing details of the three-year grant settlement 2008-09, 2009-10 and 2010-11
Warning: This is archived material and may be out of date. The Metropolitan Police Authority has been replaced by the Mayor's Office for Policing and Crime (MOPC).
See the MOPC website for further information.
2008-09 Grant settlement
Report: 05
Date: 21 February 2008
By: the Treasurer and Director of Strategic Finance on behalf of the Commissioner
Summary
The final grant settlement for 2008-09 and provisional 2009-10 and 2010-11 settlement was announced on 24 January. The details were as anticipated following the provisional announcement on 6 December. Details of the Dedicated Security Posts specific grant were announced on 6 February.
A. Recommendations
That members note the report.
B. Supporting information
1. The Minister of State for Local government confirmed proposals for the first three-year grant settlement covering 2008-09, 2009-10 and 2010-11. The announcement, covered formula grant for three years, with the latter two years being provisional.
2. The formula grant settlement was as expected in December:
| Three-year grant settlement 2008-09, 2009-10 and 2010-11 | |
|---|---|
| £ million | |
| 2008-09 Settlement | 1,930.030 |
| 2009-10 Provisional | 1,978.281 |
| 2010-11 Provisional | 2,027.738 |
Table 1: Three-year grant settlement 2008-09, 2009-10 and 2010-11
The maintenance of a 2.5% grant floor was also confirmed.
3. were also confirmed as announced previously in December:
| Specific grants confirmed in the three-year grant settlement 2008-09, 2009-10 and 2010-11 | |||
|---|---|---|---|
| 2008-09 £ million | 2009-10 £ million | 2010-11 £ million | |
| Crime Fighting Fund | 72.980 | 72.980 | 72.980 |
| Neighbourhood Policing Fund & CSOs | 96.602 | 99.210 | 101.888 |
| Basic Command Units n/k | 7.929 | n/k | n/k |
| Rule 2 Grants | 54.723 | 54.723 | 54.723 |
Table 2: Specific grants confirmed in the three-year grant settlement 2008-09, 2009-10 and 2010-11
4. Capital Grants. Police general capital grant was announced at £38.442 million for 2008-09, 2009-10 and 2010-11. This is some £2.586 million in excess of the sum provided for in the Authority’s capital programme and proposals will be brought back later in the year for its use when the capital programme is reviewed.
C. Race and equality impact
There are no specific implications arising from information set out in this report.
D. Financial implications
As included above.
E. Background papers
- Local Government Finance Reports 2008-09
F. Contact details
Report authors: Ken Hunt, MPA and Anne McMeel, MPS
For more information contact:
MPA general: 020 7202 0202
Media enquiries: 020 7202 0217/18
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