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Glossary

R10

The tenth ILR return of the funding year, closing in early June, which supports the year-end forecast funding claim and growth conversations.

In full

R10 closes in early June, late enough in the year for delivery to be substantially known and early enough for the year-end position to be managed.

It supports the year-end forecast funding claim and conversations about growth or under-delivery, which makes it the point at which a reconciliation problem is still fixable. The final reconciliation uses the R14 final claim.

Where this comes up