Council tax budget summary 2019/2020

  2018/19 (£'000) 2019/20 (£'000) Difference (%) Per band D property (£)
Net budget 16,178 17,063    
Less income        
Business rates 4,503 4,612    
New homes bonus 1,057 1,767    
Government Revenue Support Grant (inc. S31 and Transition Grant) 380 71    
Total 10,238 10,614    
Plus (or less)        
Collection fund deficit (or surplus) 47 4    
Expenditure to be met by council tax payers 10,191 10,610    
Divided by equivalent number of Band D properties 49,664 50,207    
Canterbury tax level (Band D) 205 211 2.98% 6.12
Add        
Kent County Council precept 1,238 1,299 3.07% 61.74
The Police and Crime Commissioner for Kent precept 169 193 14.19% 24.00
Kent & Medway Fire and Rescue authority's precept 76 78 2.98% 2.25
Council tax level (Band D) 1,688 1,782 5.58% 94.11

Our total outstanding borrowings from external organisations on 31 March 2019 (known as loan liabilities) were estimated at £244m.