Local government finance report 2024 to 2025

This report sets out the aspects of the local government finance settlement for 2024 to 2025 which require approval by the House of Commons – this was approved by the House of Commons on 7 February 2024. It includes:

• the proposed Revenue Support Grant distribution
• the basis of the calculation of Baseline Funding Levels and ‘tariff’ and ‘top up’ payments that form part of the Business Rates Retention system
• the determination of the ‘central’ and ‘local share’ of business rates
• and the designation of business rates pools