Updated: Tue 22nd Dec
This article is old - Published: Tuesday, Dec 22nd, 2020
Welsh Government have issued their provisional funding settlements for councils today, with Wrexham getting a 2.3% increase – the second lowest increase in the country.
Wrexham Council had been hoping for an uplift around 4%, with one council insider giving an immediate flavour of the reaction in the Guildhall, saying “we are gutted” by the draft settlement figure.
The overall Wales figure is a 3.8% uplift in funding, slightly below the 4% figure the WLGA had also been hoping for.
The annual settlement grant allocates money on an individual council basis, with the total grant divided among councils on the basis of a complex formula that seeks to ‘take into account the relative needs and available resources of different councils’, and other factors such as population changes, with more details in this PDF.