| Budget summary | 2023/24 (£'000) | 2024/25 (£'000) | Difference (%) | Per band D property (£) |
|---|---|---|---|---|
| Net budget | 20,722 | 20,816 | ||
| Less income | ||||
| Business rates | (5,913) | (5,623) | ||
| New homes bonus | (319) | (998) | ||
| Government Revenue Support Grant (inc. S31 and Transition Grant) | (2,290) | (1,397) | ||
| Total | 12,200 | 12,798 | ||
| Plus (or less) | ||||
| Collection fund deficit (or surplus) | 0 | 0 | ||
| Expenditure to be met by council tax payers | 12,200 | 12,798 | ||
| Divided by equivalent number of Band D properties | 52,373 | 53,348 | ||
| Canterbury tax level (Band D) | 232.92 | 239.89 | 2.99% | 6.97 |
| Add | ||||
| Kent County Council precept | 1,534 | 1,611 | 4.99% | 76.59 |
| The Police and Crime Commissioner for Kent's precept | 243 | 256 | 5.35% | 13.00 |
| Kent & Medway Fire and Rescue authority precept | 87 | 90 | 2.99% | 2.61 |
| Council tax level (Band D) | 2,098 | 2,197 | 4.73% | 99.17 |
Our total outstanding borrowings from external organisations on 31 March 2024 (known as loan liabilities) were estimated at £182m.