23.01.13
DfT publishes indicative funding levels for local transport
Indicative funding levels have been published for Local Transport Bodies and confirmed the geographical areas these bodies will cover, the DfT has announced.
The levels are part of a devolving decision making process for major local transport schemes, giving them more control over spending.
The funding has been allocated according to the number of people living within each area and transport bodies are now expected to develop provisional scheme programmes by July.
The funding levels are based on overall funding from the 2010 Spending Review, and actual allocations will not be determined until future spending rounds, so the DfT has advised local bodies to make contingency provision for levels one third higher or lower than their indicative figure.
Transport minister Norman Baker said: “The devolution of major transport schemes will give real power to communities to make locally-accountable decisions about what will work best for them.
“The figures we have published today provide the clarity local areas need to plan for the future and armed with these figures, local decision makers can start looking at the kinds of infrastructure projects that will deliver the greatest benefits for local people.
“Many transport schemes deliver benefits far beyond their immediate surrounds and I would encourage local authorities to talk to their neighbours where joint schemes might be appropriate.”
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