Where the money comes from
The County Council's 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 the County Council's expenditure funded by general Government grant and council tax. Income from council tax funds 30% of the County Council's gross expenditure and 80% of its budget.
If you have any questions on the budget or council tax, please contact the County Treasurer's Department
|
|
2006/07 |
|
2006/07 |
|
2007/08 |
|
Increase on |
|
|---|---|---|---|---|---|---|---|---|
|
£ million |
£ million |
£ million |
% |
|||||
|
Gross expenditure |
1,487 |
1,507 |
1,570 |
4.2 |
||||
|
Fee and charges |
136 |
144 |
148 |
2.8 |
||||
|
Specific grant |
765 |
781 |
809 |
3.6 |
||||
|
Reserves and balances |
17 |
15 |
15 |
0.4 |
||||
|
Budget |
568 |
567 |
598 |
5.4 |
||||
|
Formula grant |
686 |
119 |
123 |
2.7 |
||||
|
Collection fund |
3 |
3 |
4 |
27.3 |
||||
|
Council taxpayer |
445 |
445 |
471 |
6.0 |