Council Tax and Business Rates explained

2018-2019

Where does your money go?

The graph shows how every £1 budgeted is spent:

Graph showing how every £1 budgeted is spent
  • 69p pays for adult and childrens social care and education services
  • 16p pays for housing services, regeneration and environmental services 
  • 11p pays for customer services and community services including libraries, adult education, public protection and transport
  • 4p pays for corporate and support services

Where does the money come from?

The budget required to support the services provided by the council is £101.0million (£100.5million 2017/18). The funding sources for the council budget are detailed below:

Source of funding 2017/18 2018/19

£000  % £000  %
Total budget requirement 100,475 100% 101,002 100%
LESS:  Sources of funding      47,997  48%  45,431  45%
Council Tax requirement excluding Parishes  52,478  52%  55,571  55% 

Budget Table

2017/18
Budget
£000
Services 2018/19
Budget
£000
59,966 Adults and Communities 69,603
16,685 Customer and Community Services 10,835
23,052 Regeneration, Housing and Resources 16,332
772 Corporate and Central Services 4,232
100,475 Budget requirement 101,002
(13,180) Formula Grant 0
(34,816) Other sources of finance (45,431)
52,479 Council Tax requirement excluding Parishes 55,571
223 Local Parishes 224
52,702 Total Council Tax requirement including Parishes 55,795

How the Budget has changed

  £000 £000
2017/18 Budget   100,475
 Recognised cost pressures and service growth requirements 6,789  
 Savings (6,262)  
 Net reduction in budget   527
2018/19 Budget   101,002

Payments made for levies and parish precepts

  2017/18
£000
2018/19
£000
Environment agency for Flood Defence* 93.4 94.7
Britwell Parish 64.5 65.1
Colnbrook with Poyle Parish 101.3 102.3
Wexham Court Parish 57.5 56.8

* Flood defence levy is included in the Regeneration, Housing and Resources budget