The amount of money required by the Council to carry out it's functions in 2023/24 is £13.086m.
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 2023/24 and illustrates how the Council Tax for a band D property is calculated.
| 2022/23 | Band D Equivalent | 2023/24 | Band D Equivalent | |
| £m | £ | £m | £ | |
| 12.425 | 421.8 | Budget Requirement | 13.086 | 438.39 |
| Less: Central Government Support | ||||
| 5.649 | 191.76 | Business Rates Retention | 6.014 | 201.47 |
| 6.776 | 230.04 | Amount to be raised from Council Tax | 7.072 | 236.92 |
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: 22/06/2023