Council tax and business rates explained

2020-21

Where does your money go?

Graph showing how every £1 budgeted is spent

The graph shows how every £1 budgeted is spent:

  • 42p pays for adult social care, community and regulatory services
  • 31p pays for children, learning and skills
  • 12p pays for environmental services, housing, regeneration, planning and transport
  • 15p pays for support services

Where does the money come from?

The budget required to support the Services provided by the Council is £124.2million. The 2019/20 figures have been restated to reflect grants previously accounted for within services.. The funding sources for the council budget are detailed below:

Source of funding 2020/21 2019/20
  £000 % £000 %
Total budget requirement 124,213 100% 120,499 100%
LESS: Sources of funding 63,292 51% 62,006 51%
Council Tax requirement excluding Parishes 60,921 49% 58,493 49%

Budget Table

2019/2020
Budget
£000
Services 2020/21
Budget
£000
52,141 Adults and Communities 52,199
36,554 Children, Learning and Skills 38,844
19,923 Place and Development 20,464
-2,036 Regeneration -808
12,679 Finance and Resources 13,614
1,239 Chief Executive 1,299
0 Transformation -1,400
120,499 Budget requirement 124,213
0 Formula Grant 0
(46,508) Other sources of finance (63,292)
58,493 Council Tax requirement excluding Parishes 60,921
103 Local Parishes 200
58,596 Total Council Tax requirement including Parishes 61,121

How the Budget has changed

  £000 £000
2019/20 Budget   120,499
Recognised cost pressures and service growth requirements 11,669  
Savings (7,955)  
Net reduction in budget   3,714
2020/21 Budget   124,213

Payments made for levies and parish precepts

  2020/21
£000
2019/20
£000
Environment agency for Flood Defence* 98.1 97.4
Britwell Parish 52.0 0.0
Colnbrook with Poyle Parish 103.6 102.3
Wexham Court Parish 44.1 0.0

* Flood defence levy is included in the Regeneration budget.