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<p>Spending Power is a measure of resources available to a local authority to fund
its services. It includes Settlement Funding Assessment (business rates baseline funding
level plus Revenue Support Grant), Council Tax and other central government grants.</p><p>Prior
to 2013-14, Formula Grant was non-ring fenced money for local government services.
It was funded by central government grant and redistributed business rates. Post 2013-14,
Settlement Funding Assessment became the way central government provided local authorities
with non-ring fenced funding for local government services.</p><p>Details of Redbridge
Spending Power and the contribution from formula grant or the Settlement Funding Assessment
can be found on line at:</p><p><a href="http://webarchive.nationalarchives.gov.uk/20090506010530tf_/http://www.local.communities.gov.uk/finance/0809/grant.htm"
target="_blank">http://webarchive.nationalarchives.gov.uk/20090506010530tf_/http://www.local.communities.gov.uk/finance/0809/grant.htm</a></p><p><a
href="http://webarchive.nationalarchives.gov.uk/20090506010526/http://www.local.communities.gov.uk/finance/0910/grant.htm"
target="_blank">http://webarchive.nationalarchives.gov.uk/20090506010526/http://www.local.communities.gov.uk/finance/0910/grant.htm</a></p><p><a
href="http://webarchive.nationalarchives.gov.uk/20140505110048/http://www.local.communities.gov.uk/finance/1011/grant.htm"
target="_blank">http://webarchive.nationalarchives.gov.uk/20140505110048/http://www.local.communities.gov.uk/finance/1011/grant.htm</a></p><p><a
href="http://webarchive.nationalarchives.gov.uk/20140505110052/http://www.local.communities.gov.uk/finance/1112/grant.htm"
target="_blank">http://webarchive.nationalarchives.gov.uk/20140505110052/http://www.local.communities.gov.uk/finance/1112/grant.htm</a></p><p><a
href="http://webarchive.nationalarchives.gov.uk/20140505110056/http://www.local.communities.gov.uk/finance/1213/grant.htm"
target="_blank">http://webarchive.nationalarchives.gov.uk/20140505110056/http://www.local.communities.gov.uk/finance/1213/grant.htm</a></p><p><a
href="http://webarchive.nationalarchives.gov.uk/20140505104701/http://www.local.communities.gov.uk/finance/1314/settle.htm"
target="_blank">http://webarchive.nationalarchives.gov.uk/20140505104701/http://www.local.communities.gov.uk/finance/1314/settle.htm</a></p><p><a
href="https://www.gov.uk/government/collections/final-local-government-finance-settlement-england-2014-to-2015"
target="_blank">https://www.gov.uk/government/collections/final-local-government-finance-settlement-england-2014-to-2015</a></p><p><a
href="https://www.gov.uk/government/publications/change-in-spending-power-final-local-government-finance-settlement-2015-to-2016"
target="_blank">https://www.gov.uk/government/publications/change-in-spending-power-final-local-government-finance-settlement-2015-to-2016</a></p><p><a
href="https://www.gov.uk/government/collections/final-local-government-finance-settlement-england-2016-to-2017"
target="_blank">https://www.gov.uk/government/collections/final-local-government-finance-settlement-england-2016-to-2017</a></p><p><a
href="https://www.gov.uk/government/collections/final-local-government-finance-settlement-england-2017-to-2018"
target="_blank">https://www.gov.uk/government/collections/final-local-government-finance-settlement-england-2017-to-2018</a></p><p>Since
2010 there have been changes to the finance and function of local government, therefore
spending power, Formula Grant and Settlement Funding Assessment are not directly comparable
over this period.</p>
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