Update: the Area Based Grant

12th June 2009.

The Area Based Grant is part of the Government’s commitment to maximise freedoms and flexibilities for local authorities. According to CLG, “The Government has significantly increased local authorities’ flexibility over the use of their mainstream resources by moving at least £5 billion into non-ringfenced general grants over the CSR period”. Of this money, £4 billion will be moved into the new Area Based Grant, whilst £1 billion will be moved into Revenue Support Grant.