Each financial year we work out spending and income based on our aims, priorities and resources, and use this to set our budget. The remaining balance is funded by a grant from government and a percentage of council tax.
View our budget summary
The net budget requirement for 2024/25 is estimated at £20,816,000; an increase of £94,000 (0.5%), on last year’s budget.
The council has achieved a balanced budget, whilst ensuring council tax rises are kept to a minimum.
Income and expenditure summary
|
Gross expenditure |
Total income |
Net cost 24/25 |
Net cost 23/24 |
General fund |
£110,156 |
(£89,340,000) |
£20,816,000 |
£20,722,000 |
Housing revenue account |
£29,939,000 |
(£30,310,000) |
(£371,000) |
£176,000 |