Local Government Finance Settlement (2020/2021)

I welcome the announcement that Tewkesbury Council will see its budget increased by 8.9% this year, part of the government’s commitment to level up local services across the country.

Local authorities across the country, including Tewkesbury, will receive a share of £49.2 billion local government funding this year – a 4.4 per cent real terms increase and the largest year-on-year real terms increase in a decade. Funding for key public services in will be protected, with significant extra resources dedicated to areas where they are needed most.

The latest Local Government Finance Settlement, which was confirmed by Housing Secretary Robert Jenrick in February, includes an additional £1.5 billion for social care. When added to the existing social care package, local authorities will now have access to over £5.5 billion of dedicated funding across adult and children’s social care in 2020-21.

Local authorities will also be rewarded for building new homes, with another £907 million committed to the New Homes Bonus scheme for 2020-21 to encourage development that benefit local communities.