Council tax and business rates explained

2021-22

Where does your money go?

Pie chart showing how council tax and business rates income is spent

The graph shows how every £1 budgeted is spent:

  • 40p pays for adult social care, community and regulatory services
  • 32p pays for children, learning and skills
  • 13p pays for environmental services, housing, regeneration, planning and transport
  • 15p pays for support services and corporate expenditure

Where does the money come from?

The budget required to support the Services provided by the Council is £133.574million. The 2020/21 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 2021/22 2020/21
  £000 % £000 %
Total budget requirement 133,574 100% 124,983 100%
LESS: Sources of funding 72,727 54% 64,062 51%
Council Tax requirement excluding Parishes 60,847 46% 60,921 49%

Budget Table

2020/21
Budget
£000
Services 2021/22
Budget
£000
51,424 Adults and Communities 53,614
40,632 Children, Learning and Skills 42,989
20,947 Place and Development 20,031
-886 Regeneration -2,541
10,826 Finance and Resources 10,323
1,123 Chief Executive 1,123
917 Corporate 8,035
124,983 Budget requirement 133,574
(64,062) Other sources of finance (72,727)
60,921 Council Tax requirement excluding Parishes 60,847
200 Local Parishes 185
61,121 Total Council Tax requirement including Parishes 61,032

How the Budget has changed

  £000 £000
2020/21 Budget (Restated)   124,983
Recognised cost pressures and service growth requirements 24,167  
Savings (15,576)  
Net increase in budget   8,591
2021/22 Budget   133,574

Payments made for levies and parish precepts

  2021/22
£000
2020/21
£000
Environment agency for Flood Defence* 95.9 98.1
Britwell Parish 48.5 52.0
Colnbrook with Poyle Parish 103.0 103.6
Wexham Court Parish 33.7 44.1

* Flood defence levy is included in the Regeneration budget.