Night time economy framework »The framework aims to help develop a sustainable, healthy and safe night time economy in Wales.Learn more »
New figures show the number of young people not in education, employment or training in Wales fell during 2016
Skills and Science Minister, Julie James, has welcomed new figures showing a decline in the number of young people not in education, employment or training (NEET) during 2016.
- Carl Sargeant welcomes Help to Buy success
- New funding lays the foundations for Wales Co-operative Housing initiative
- New figures show the number of young people not in education, employment or training in Wales fell during 2016
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Section highlightLandfill Disposals Tax Communities Scheme
The scheme will support local community and environmental projects in areas affected by the disposal of waste to landfill.
Final Budget 2017-18 »
The amount of funding allocated to Welsh Government Main Expenditure Groups (MEGs) for 2017-18 is £15bn.Learn more »
- Statistics & Research
Finance and funding
The Welsh Government provides most of the funding for local authorities in Wales.
- unitary authorities (the county and county borough councils)
- police authorities
- national park authorities
- fire and rescue authorities.
The funding for local authorities comes from a number of sources. The largest component of funding comes from the Welsh Government through grants that can be used by the authorities for any purpose they choose in delivering the services for which they are responsible. These grants are known as non-hypothecated grants and include the largest single grant they receive, the Revenue Support Grant.
The Welsh Government also provides funding to local government in the form of hypothecated grants. These grants can only be used for the specific purposes for which they are provided.
In addition to the funding authorities receive from the Welsh Government, they receive some hypothecated grants from other government bodies. They also receive income from nationally set non-domestic (business) rates and from locally set council tax.
Local authorities also receive grants from the Welsh Government for capital spending. In addition, they can determine how much they can afford to borrow based on a prudent assessment of their finances using professional codes of practice. The primary and secondary legislation (made by the National Assembly for Wales) provides the broad framework for the ‘prudential system’ but the system places the emphasis on local authorities planning their needs for capital expenditure in a sensible and long term way based upon sound management of assets and finances.