Council to see real terms drop in government funding

NORTH Devon Council’s finance chief has expressed disappointment at a provisional multiyear funding settlement from the government which could leave the authority being worse off.

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The Local Government Funding Settlement sets out what each local authority will get to help them pay for services.

Devon councils have got their wish for a three-year settlement instead of an annual one which has been the practice in recent years.

However, while this allows them to plan ahead, some authorities like North Devon have worked out that the money they can spend will drop by millions up to 2029.

North Devon hoped the government would be more generous and acknowledge the cost of providing services in rural areas.