Area Based Grant
In early December government published details of the Area Based Grant as part of the local government finance settlement.
What is Area Based Grant?
As of April 2008, a new Area Based Grant (ABG), will be paid to the county council as the lead accountable body within the Oxfordshire Partnership. The ABG will not be ring-fenced i.e. there will be no terms and conditions on how it is spent. The Area Based Grant is being described as the replacement for the LAA pooled funding which we have received for the previous two years. The creation of an ABG is part of an initiative to reduce separate grant funding and to provide more flexibility for areas to decide how money can be focussed on local priorities.
More details about LAA funding can be found in the Operational Guidance published by the Department for Communities and Local Government
Area Based Grant in Oxfordshire
The first year, 2008-09 is being treated as a transitional year with most ABG funding being passported to the previous recipients of individual funding streams. View details of the funding streams included in the Area Based Grant and allocations for Oxfordshire (.pdf format, 16 Kb).
.
