§ Mr. LuffTo ask the Deputy Prime Minister whether he has established a timetable for consultation on future changes to the(a) formula spending share calculation and (b) area cost adjustment to enable such changes to be made in financial year 2006–07. [155146]
§ Mr. RaynsfordIn order to provide local authorities with more stability in funding arrangements, the Office of the Deputy Prime Minister has already said that we will not be looking to change the grant distribution formulae until 2006–07 at the very earliest.
If it is decided that changes to the formulae should be made for 2006–07, a full consultation on options for change would take place prior to the normal settlement round for that year.