The amount of money required by the Council to carry out it's functions in 2022/23 is £12.425m.
A proportion of this is met by a share of Business Rates collected, with the balance being met from Council Tax.
The following table provides an analysis of how the Councl's budget requirement is being funded in 2022/23 and illustrates how the Council Tax for a band D property is calculated.
| 2021/22 | Band D Equivalent | 2022/23 | Band D Equivalent | |
| £m | £ | £m | £ | |
| 11.983 | 386.89 | Budget Requirement | 12.425 | 421.80 |
| Less: Central Government Support | ||||
| 5.409 | 169.80 | Business Rates Retention | 5.649 | 191.76 |
| 6.574 | 217.09 | Amount to be raised from Council Tax | 6.776 | 230.04 |
Budget Book 2022-23
Budget Book 2021-22
Budget Book 2020-21
Budget Book 2019-20
Budget Book 2018-19
Budget Book 2017-18
Budget Book 2016-17
Budget Book 2015-16
Last Updated: 08/06/2022