Finance

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 28% of the County Council's gross expenditure and 74% of its budget.

If you have any questions about the content of any of these pages please contact the County Treasurer's Department.

2010/11

2010/11
adjusted for
function
changes etc

2011/12

Increase on
2010/11
adjusted

£ million

£ million

£ million

%

Gross expenditure

1,832

1,884

1,913

1.5

Fees and charges

-171

-171

-169

1.2

Specific and Area Based grant

-940

-922

-934

-1.3

Reserves and balances

-49

-49

-94

-91.8

Budget

672

742

716

-3.5

Formula Grant

147

217

186

-14.3

Collection Fund

2

2

4

100.0

Council tax payer

523

523

526

0.6