2 December 2004

Devolving Decision Making: a consultation on regional funding allocations

The Government is setting out proposals for consultation to establish regional transport funding allocations for the first time, and to supplement the regional transport, economic development and housing funding allocations set over the 2004 Spending Review period with guidance on long term planning assumptions for the regions beyond the spending review period.  These regional funding allocations and longer term planning assumptions will give regions a far stronger base on which to plan, and by submitting proposals consistent with these assumptions regions will have an even stronger voice in the next Spending Review, leading to decisions that better reflect regional priorities. 

The Government has held consultation events with stakeholders across the English regions, and received 107 written responses by the consultation deadline of 10 March, and is currently considering this feedback.  The Government will set out how it intends to proceed in due course.

Devolving Decision Making: a consultation on regional funding allocations is available below in Adobe Acrobat Portable Document Format (PDF). If you do not have Adobe Acrobat installed on your computer you can download the software free of charge from the Adobe website. For alternative ways to read PDF documents and further information on website accessibility visit the HM Treasury accessibility page.

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