First of all, I wish to thank the Cabinet Secretary for presenting the draft budget yesterday. It was good to see a number of the Plaid Cymru priorities being reflected in it, including an additional £25 million for local authorities. As you know, local authorities across Wales have suffered serious cuts to their funding over the years with their resource budgets being reduced by £461 million in real terms between 2010 and 2014-15. So, it is very good to see that the additional funding that has been received, as a result of the agreement between Plaid Cymru and the Welsh Government, and that there will be additional funding for the non-domestic rates and it does mean that this is the first year since 2013-14 for the finances and funding for local authorities to increase in nominal terms, although it will still be a reduction in actual terms.

Our attention now turns, of course, to the local government settlement for 2017-18. I would like to ask you about the formula used to allocate funding between the various local authorities. I read in your statement—