Further financial assistance for councils | MEA set to receive £383,620
Communities Minister Deirdre Hargey has announced additional funding of £2.435m to assist councils with their financial pressures.
The move is a further demonstration of the Minister’s commitment to supporting councils through the Covid-19 pandemic having already secured £85.3m in additional funding.
Minister Hargey said:
“My Department has worked closely with councils to support them through this pandemic, which can be seen in the significant sum of funding that has been secured to date. Over £85m is being used to support councils with the loss of income and additional costs they have experienced as a result of the pandemic restrictions.
“This further £2.435m in Rates Support Grant in 2020-21 will be of great assistance to councils at this time.
“I know the support secured to date has been welcomed across local government. I am committed to continuing to work together for the benefit of all the people we serve.”
A Rates Support Grant (RSG) provides financial support to eligible councils whose needs exceed their wealth as determined by statutory formula. Seven of the 11 councils are eligible.
The seven councils have already received £15.865m of RSG for 2020/21. This announcement represents an additional one-off increase in RSG, bringing to £18.3m the amount of RSG issued in 2020/21.
A Rates Support Grant is a statutory payment but the amount paid is discretionary. This grant therefore must be considered in the context of the Department for Communities overall budget priorities.
The payment is to provide financial support to eligible councils whose needs exceed their wealth as determined by statutory formula.
The additional one-off allocation of Rates Support Grant to the eligible council is as follows:
Armagh, Banbridge and Craigavon – £377,775
Causeway Coast and Glens - £332,441
Derry and Strabane - £458,725
Fermanagh and Omagh - £137,163
Mid and East Antrim – £383,620
Mid Ulster - £517,702
Newry, Mourne and Down - £227,574