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<p>Over the five year Spending Review period (from 2015-16 to 2019-20) councils will
have access to more than £200 billion to spend on local services. Coventry Council
will receive over £1.2 billion of core spending power during this period.</p><p>In
addition to the settlement funding local authorities estimate that in 2018-19 they
will keep around £2.4 billion in business rates growth. Based on their 2018-19 forecasts,
the Warwickshire Business Rates Pool would receive £31 million above baseline funding
level under 50 per cent retention, Coventry would receive an additional £4.5 million
as a 100 per cent pilot.</p><p>(<em>Actual growth may differ from forecast growth.
Forecasts are usually higher than outturn figures).</em></p>
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