The amount of money required by the Council to carry out it's functions in 2021/22 is £11.983m.
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 2021/22 and illustrates how the Council Tax for a band D property is calculated.
2020/21 | Band D Equivalent | 2021/22 | Band D Equivalent | |
£m | £ | £m | £ | |
11.662 | 386.89 | Budget Requirement | 11.983 | 411.28 |
Less: Central Government Support | ||||
5.190 | 169.80 | Business Rates Retention | 5.409 | 185.64 |
6.472 | 217.09 | Amount to be raised from Council Tax | 6.574 | 225.64 |
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: 29/03/2021