§ Mr. RosindellTo ask the Secretary of State for Transport, Local Government and the Regions if he will make a statement about the local finance settlement for the London borough of Havering. [21431]
§ Dr. WhiteheadWe announced the provisional local government finance settlement for 2002–03 to the House on Tuesday 4 December 2001. Havering will receive £202.869 million in their provisional Standard Spending Assessment for 2002–03, an increase of £10.357 million (or 5.4 per cent). This translates into £143.003 million in provisional grant for 2002–03, an increase of £7.605 million (or 5.6 per cent). These increases are on a like for like basis, adjusted for changes in functions. The final settlement will be announced early in the new year.