The amount of money required by the Council to carry out it's functions in 2020/21 is £11.662m.
A proportion of this is met by a share of Business Rates collected, with the balance being met from Council Tax.
The following table provides an analysis of how the Councl's budget requirement is being funded in 2020/21 and illustrates how the Council Tax for a band D property is calculated.
|2019/20||Band D Equivalent||2020/21||Band D Equivalent|
|Less: Central Government Support|
|4.903||169.80||Business Rates Retention||5.190||177.48|
|6.268||217.09||Amount to be raised from Council Tax||6.472||221.32|
Budget Book 2020-21
Budget Book 2019-20
Budget Book 2018-19
Budget Book 2017-18
Budget Book 2016-17
Budget Book 2015-16
Last Updated: 02/04/2020