Funding sources and their allocation.
Local authorities
Income source |
To fund |
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Flood and coastal erosion risk management (FCERM) revenue support grant (RSG) and related council tax from DCLG and local authorities From April 2013 revenue support grant (formula grant) will be replaced by the business rates retention system. |
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Local authorities can also receive capital grants for selected bids through Flood and Coastal Resilience Partnership funding administered by the EA.
From 2011/2012 to 2014/2015, Defra will directly fund lead local flood authorities through local support grant (LSSG). Values will total £21 million in 2011/2012, then £36 million a year up to and including 2014/2015. LSSG is an itemised grant so each local authority knows how much has been provided. Sums are not ringfenced and therefore bids will need to be made to secure the funding for the purpose intended. Amounts to be received by each authority can be found on the Defra website. Funding beyond 2014/2015 will be decided as part of the next Government spending review.
As part of the Flood and Water Management Act, funding settlement form local authorities, an extra £2.7 million a year is available within formula grant to allow the RFCC levy to rise by 10 per cent, plus £3 million a year until 2016/17 for local resilience forums to prepare reservoir emergency plans.
Environment Agency
Income source |
To fund |
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Flood defence grant-in-aid (FDGiA) from Defra |
Capital grants (operating authorities)
Under Partnership funding, funding levels for flood and coastal defence schemes will relate directly to the number of households protected, the damages being prevented, plus the other benefits a scheme would deliver. for the first time, grants for surface water management and property-level protection will be available alongside funding for other risks and approaches. |