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.