Our income and expenditure
Council Tax levels for South Lakeland District Council
| Band | Council Tax level |
|---|---|
| A | £130.42 |
| B | £152.16 |
| C | £173.89 |
| D | £195.63 |
| E | £239.10 |
| F | £282.58 |
| G | £326.05 |
| H | £391.26 |
How our Council Tax requirement is calculated
We estimate the future cost of our services and the degree to which it is offset by income that will be generated by the fees and charges which apply for certain activities.
The net budget requirement of £12,849,200 for 2019 to 2020 is to be met from:
- retained Non Domestic Rates of £3,536,600
- Government grants of £451,000
- increased by a collection fund deficit of £42,200
- income from Council Tax payers of £8,903,800
Our budget takes account of inflation and changes in its fees and charges together with identified trends in actual expenditure and income levels. Net expenditure on services increased by £322,000 after taking into account statutory accounting entries. This is mainly due to the Council’s one-off costs of implementing the Customer Connect programme to focus on the needs of the customer and delivering faster, better and more cost-effective services. The programme will deliver cost savings from next year onwards.
In addition, the level of central government support through business rates and general grant income has increased by £114,000. The Council has approved a £5 (Band D equivalent) increase in Council Tax as part of setting a balanced budget.
Budget and financial year reports
How our budget requirement has changed
| How our budget requirement has changed since last year | £000 |
|---|---|
| Budget requirement for our services 2018 to 2019 | 12,527.6 |
| Incr to net expenditure (excluding capital charges) | 2,195.1 |
| Changes to capital charges | 4,566.5 |
| Changes in Financing Entries and Statutory Accounting Requirements | -4,713.4 |
| Changes in use of General Fund Balances and Reserves | -1,726.6 |
| Budget requirement for our services 2018 to 2019 | 12,849.2 |
Our income and expenditure
| Service | Gross expenditure 2018 to 2019 £000 |
Net expenditure 2018 to 2019 £000 |
Gross expenditure 2019 to 2020 £000 |
Income 2019 to 2020 £000 |
Net expenditure 2019 to 2020 £000 |
|---|---|---|---|---|---|
| Neighbourhood Services | 14,671.7 | 6,273.1 | 15,408.6 | -8,751.1 | 6,657.5 |
| Strategic Planning | 8,456.7 | 4,074.3 | 12,312.7 | -3,182.6 | 9,130.1 |
| Policy and Performance | 2,273.4 | 2,213.3 | 3,184.3 | -57.5 | 3,126.8 |
| Resources | 22,742.6 | 2,602.4 | 19,961.8 | -16,951.5 | 3,010.3 |
| Cost of services | 49,754.7 | 15,887.5 | 50,867.4 | -28,942.7 | 21,924.7 |
| How our Council Tax requirement is calculated | 2018 to 2019 £000 |
2019 to 2020 £000 |
|---|---|---|
| Cost of services (net expenditure) | 15,887.5 | 21,924.7 |
| Financing Entries and Statutory Account Requirements | -2,478.4 | -7,191.8 |
| Net increase/(decrease) in General Fund Balances and Reserves | -157.1 | -1,883.7 |
| Our budget requirement | 12,527.6 | 12,849.20 |
| Non-Domestic Rates | -3,440.5 | -3,536.6 |
| Other Grants | -433.5 | -451.0 |
| Our demand on collection fund | 8,653.6 | 8,861.6 |
| Special expenses (parishes)/Collection Fund Deficit | -24.5 | 42.2 |
| Our Council Tax requirement | 8,629.1 | 8,903.8 |
