Council budget and spending

How council tax and business rates are spent

2023-24

graph showing where the money goes from Council tax and business rates 2023-2024

The graph shows how every £1 budgeted is spent:

  • 12p pays for adult social care services
  • 31p pays for children, learning and skills
  • 12p pays for place and community services
  • 10p pays for strategy and improvement services
  • 3p pays for finance and commercial services
  • 16p pays for other corporate budgets
  • 4p pays for the pension deficit
  • 10p pays for minimum revenue provision
  • 5p pays for capital financing

Where does the money come from?

The budget required to support the Services provided by the Council is £143.377million. The 2022/23 figures have been restated to reflect movement from reserves in the funding section. The funding sources for the council budget are detailed below:

Source of funding

2022/23
£000

2022/23
%

2023/24
£000

2023/24
%

Total Budget Requirement

189,410

100%

143,377

100%

LESS: Sources of Funding*

124,507

66%

70,515

49%

Council Tax Requirement excluding Parishes

64,903

34%

72, 862

51%

*Sources of funding for 2023/24 includes £31.6m capitalisation direction

Budget Table

2022/23
Budget
£000

Services

2023/24
Budget
£000

26,525

People (Adults)

16,637

8,047

People (Children)

7,819

31,435

Slough Children First

36,067

17,324

Place & Community

13,653

-845

Housing, Property and Planning

3,740

17,648

Strategy & Improvement

13,468

8,769

Finance & Commercial

4,196

80,507

Corporate

47,797

189,410

Budget requirement

143,377

(124,507)

Other sources of finance*

(70,515)

64,903

Council Tax requirement excluding Parishes

72,862

199 Local Parishes 164
65,102 Total Council Tax requirement including Parishes 73,026

*Other sources of finance for 2023/24 includes £31.6m capitalisation direction.

How the Budget has changed

Budget details

£000

2022/23 Budget (Restated)

189,410

Recognised cost pressures and sevice growth requirements

28,869

Reduction in CD (52,480)

Savings

(22,422)

2023/24 Budget

143,377

Net increase in budget

(46,033)

Payments made for levies and parish precepts

Budget details

2022/23
£000

2023/24
£000

Environment agency for Flood Defence*

99.6

102.1

Britwell Parish

52.6

52.9

Colnbrook with Poyle Parish

76.4

76.4

Wexham Court Parish

69.7

35.1

* Flood defence levy is included in the Place & Community budgets.

The council tax booklet explains how we work out your council tax and where the money goes.