The missing £200m: How Lincolnshire loses out in funding to London

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The missing £200m: How Lincolnshire loses out in funding to London
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Lincolnshire would receive an extra £200 million each year if it was funded at the same rate as London

Lincolnshire would receive an extra £200million each year if it was funded at the same rate as London.

Council leader Martin Hill has urged the government to conduct a Fair Funding Review to “level the playing field.” The county council has been forced to use reserves to balance its budget for the coming year, despite the maximum possible council tax increase.“Although like-for-like comparisons are difficult, we estimate that local government in Lincolnshire receives only £416 per person in revenue grant funding, compared to £680 in London,” he said.

“In addition to revenue grant funding, Lincolnshire has benefited from around £92m of Levelling Up funding and a further £89m of Town Deals funding. These are one-off grants that come from national pots, which have been allocated across the country. “It’s long been recognised that Lincolnshire faces particular challenges as a result of its rurality and ageing population, and this should be reflected in our funding.

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