Where the money comes from

Our expenditure is funded by income from fees and charges, Government grant for specific services, general Government grant (including redistributed business rates) and council tax.

The budget is that part of our expenditure funded by central Government and from council tax. Income from council tax funds 27% of our gross expenditure and 61% of our net budget requirement.

Table showing where the money comes from
Gross expenditure1078.41102.3
Fees and charges(643.8)(662.2)
Debt charges48.747.3
Interest receipts(4.0)(4.0)
Internal financing5.44.2
Net budget requirement484.7487.6
Revenue Support Grant(67.7)(44.1)
Business rates(17.3)(18.0)
Government Top Up Grant(86.5)(88.6)
General grants(23.5)(24.6)
Use of reserves(9.8)(17.0)
Council tax payer(279.9)(295.3)