The net budget requirement for 2019 to 2020 is estimated at £17,059,000, an increase of £880,000 (5.44%) 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 19/20 | Net cost 18/19 |
|---|---|---|---|---|
| Corporate management, legal, strategy and democracy services | 5,721,000 | £1,150,000 | £4,571,000 | £5,068,000 |
| Commissioned services including museums, theatres and environmental and waste services | £23,266,000 | £14,051,000 | £9,215,000 | £11,059,000 |
| Direct services including housing, community and engineering | £9,423,000 | £13,951,000 | £13,951,000 | £3,242,000 |
| Planning, property and regeneration | £7,669,000 | £17,008,000 | £9,339,000 | £6,332,000 |
| Benefits, council tax and business rates | £47,858,000 | £47,119,000 | £740,000 | £904,000 |
| Other services | £16,786,000 | £2,700,000 | £16,509,000 | £8,830,000 |
| Reserves contributions | £298,000 | £406,000 | £108,000 | £108,000 |
| Total | £111,021,000 | £93,962,000 | £17,059,000 | £16,179,000 |
| Housing revenue account | £25,720,000 | £24,648,000 | £1,072,000 | £0 |