How do we spend our money?
The table below shows how much we plan to spend on each of the main services we provide and how this compares with the previous year.
|General Fund Budget Analysis||2017/18 Gross Expenditure (£000's)||2017/18 Gross Income (£000's)||2017/18 Net Expenditure (£000's)||2016/17 Net Expenditure (£000's)|
|Cultural & Related Services||1,299||-317||983||882|
Waste & Recycling Collection
|Leisure & Environmental Services||7,257||-3,380||3,877||4,208|
|Policy & Community Development||1,647||-63||1,584||1,740|
|Revenues & Benefits||41,636||
|Development & Building Control||1,589||-744||845||762|
|Strategic Planning and Enterprise||2,400||-273||2,127||1,486|
|Housing and Public Protection||5,155||-1,762||3,394||3,162|
|Corporate & Other Services||3,114||-165||2,949||2,524|
|Revenue Support Grant||0||-821|
|Business Rates Baseline||-2,459||-2,408|
|Business Rates retained above baseline||0||0|
|Council Tax Requirement||-10,555||-10,173|
|Contribution to/from (-) Reserves||-1,357||-253|
Where does the money come from?
The table below shows how we fund our expenditure. Our income sources from Government, Business (Non-Domestic Rates) and fees and charges do not meet all of the cost of providing our services and the difference is funded from the council tax charge to local residents.
|Housing Benefit Subsidy||38,975|
|Formula Government Grant||0|
|New Homes Bonus||1,986|
|Fees & Charges||8,550|
|Retained Business Rates||2,459|
|Other Government Grants and Contributions||1,955|
How our spending has changed from 2016/17
The table below shows how our spending has changed from last year.
|Budget Changes 2016/17 to 2017/18||£000's|
|Council Tax Requirement 2016/17||10,172|
|Inflation (net of fees and charges increases)||467|
|New Investment in Objectives||69|
|Reduction in Government Funding and Retained Business Rates||771|
|Reduction in New Homes Bonus and Other Grants||725|
|Change in Contribution to Reserves||-1,104|
|Council Tax Requirement 2017/18||10,555|
Further information can be found in the Council's Budget Book.