Local government finance settlement 2017/18

posted on 21 February 2017, updated on 21 February 2017

The final local government finance settlement for 2017/18 has been issued on 20 February 2017, following consultation on the provisional settlement issued in December.

This is the second year of the government’s four-year funding deal, which has been taken up by 97% of local authorities. For these authorities the settlement therefore confirms spending allocations first set out in 2015.

As announced previously, the council tax referendum threshold for 2017/18 will be 2%, with an additional social care precept of up to 3%. Shire district councils will continue to be allowed increases of up to 2% or up to and including £5, whichever is higher. Police and crime commissioners whose Band D precept is in the lowest quartile will continue to be allowed increases of up to 2% or up to and including £5, whichever is higher.

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