Council tax budget summary 2018/19

  2017/18 (£'000) 2018/19 (£'000) Difference (%) Per band D property (£)
Net budget 17,759 16,178    
Less income        
Business rates 4,374 4,503    
New homes bonus 2,410 1,057    
Government Revenue Support Grant (inc. S31 and Transition Grant) 998 380    
Total 9,977 10,238    
Plus (or less)        
Collection fund deficit (or surplus) 232 47    
Expenditure to be met by council tax payers 9,745 10,191    
Divided by equivalent number of Band D properties 48,907 49,664    
Canterbury tax level (Band D) 199.26 205.20 2.98% 5.94
Add        
Kent County Council precept 1,178.82 1,237.68 3.01% 58.86
Kent Police and Crime Commissioner 157.15 169.15 7.64% 12.00
Kent & Medway Fire and Rescue authority's precept 73.35 75.51 2.94% 2.16
Council tax level (Band D) 1,608.58 1,687.54 4.91% 78.96

Our total outstanding borrowings from external organisations on 31 March 2018 (known as loan liabilities) were estimated at £222m.

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