Newton-le-Willows Long-Term Plan Frequently Asked Questions (FAQs)
How much funding will Newton-le-Willows receive?
The Government has confirmed towns will receive up to £20million of funding and support. The funding profiles for towns are set out below. The investment for each town will be split between 25% resource and 75% capital. The 'endowment-style' nature of this funding means each town will receive an annual, uniform, predetermined amount that is a broadly flat profile across each year of the 10-year span of the programme, similar to how Mayoral investment funds operate.
| 24-25 | 25-26 | 26-27 | 27-28 | 28-29 | 29-30 | 30-31 | 31-32 | 32-33 | 33-34 | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|
Total RDEL per place £ (000) | 250 | 672 | 449 | 449 | 449 | 449 | 454 | 467 | 467 | 467 | 4,574 |
| Total CDEL per place £ (000) | 2,096 | 1,605 | 1,605 | 1,605 | 1,605 | 1,605 | 1,605 | 1,605 | 1,605 | 14,936 | |
| Total amount per place £ (000) | 19,510 |
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