The net budget requirement for 2018/19 is estimated at £16,179,000, a decrease of 1.58m (8.9%) on last year’s budget.
The council has achieved a balanced budget, whilst ensuring council tax rises are kept to a minimum.
Service costs breakdown
| Service | Gross expenditure | Total income | Net cost 18/19 | Net cost 17/18 |
|---|---|---|---|---|
| Corporate management, legal, strategy and democracy services | 3,383,000 | £656,000 | £2,727,000 | £5,068,000 |
| Commissioned services including museums, theatres and environmental and waste services | £20,396,000 | £13,182,000 | £7,215,000 | £8,100,000 |
| Direct services including housing, community and engineering | £9,275,000 | £13,740,000 | £4,465,000 | £2,432,000 |
| Planning and regeneration | £4,330,000 | £2,223,000 | £2,098,000 | £2,464,000 |
| Property, finance and central services | £7,810,000 | £8,279,00 | £469,000 | £2,431,000 |
| Benefits, council tax and business rates | £49,064,000 | £48,077,000 | £987,000 | £1,164,000 |
| Other services | £12,873,000 | £4,663,000 | £8,210,000 | £3,062,000 |
| Reserves contributions | £298,000 | £422,000 | £124,000 | £33,000 |
| Total | £107,430,000 | £91,251,000 | £16,179,000 | £17,759,000 |
| Housing revenue account | £25,395,000 | £25,395,000 | £0 | £0 |