How Council Tax is calculated and spent
Our Council Tax requirement
Our Council Tax requirement is the amount which is needed to provide our services after taking into account:
- any transfers to and from reserves
- general government grants
- collection fund transfers.
The Council Tax requirement is met by local taxpayers.
The table on this page shows the amounts we require for 2024-25 with the 2023-24 requirement for comparison purposes.
2023-24 (£000's) | 2024-25 (£000's) | |
---|---|---|
Gross expenditure (excluding contributions to reserves) | 59,032 | 59,443 |
Income (excluding contributions from reserves, government support and retained business rates income) | -40,482 | -40,899 |
Expenditure before contributions to/from reserves | 18,550 | 18,545 |
Contributions +to/- from reserves | -1,693 | -1,499 |
Total net expenditure | 16,857 | 17,046 |
Retained business rates income | -6,986 | -7,568 |
Government support (including new homes bonus, COVID-19 funding and collection fund deficit) | -1,702 | -1,006 |
Council Tax requirement | 8,169 | 8,472 |