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 around 30% of the County Council's gross expenditure and 75% of its net budget.

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

2011/12

2011/12 adjusted for function
changes etc

2012/13

Increase on
2011/12
adjusted

£million

£million

£million

%

Gross expenditure

1,913

1,861

1,752

-5.9

Fees and charges

-169

-164

-168

-2.4

Specific and Area Based grant

-934

-924

-837

9.4

Reserves and balances

-94

-47

-35

25.5

Budget

716

726

712

-2.0

Formula Grant

186

196

177

-9.7

Collection Fund

4

4

4

  -

Council tax payer

526

526

530

0.8