Our budget and service costs
Each financial year we work out spending and income based on our aims, priorities and resources, and use this to set our budget. The remaining balance is funded by a grant from government and a percentage of council tax.
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.
Breakdown of service costs
|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||£3,004,000|
|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||£2,233,000||£2,098,000||£2,464,000|
|Property, finance and central services||£7,810,000||£8,279,000||£469,000||£2,431,000|
|Benefits, council tax and business rates||£49,064,000||£48,077,000||£987,000||£1,164,000|
|Housing revenue account||£25,395,000||£25,395,000||£0||£0|