Our income and expenditure
Council Tax levels for South Lakeland District Council
| Band | Council Tax level |
|---|---|
| A | £133.03 |
| B | £155.20 |
| C | £177.39 |
| D | £199.54 |
| E | £243.88 |
| F | £288.22 |
| G | £332.57 |
| H | £399.08 |
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 £14,034,200 for 2020 to 2021 is to be met from:
- retained Non Domestic Rates of £4,564,900
- Government grants of £433,500
- increased by a collection fund deficit of £85,100
- income from Council Tax payers of £9,121,400
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 decreased by £537,100.
This is mainly as a result of the Customer Connect programme to focus on the needs of the customer and delivering faster, better and more cost-effective services. This is offset by some one-off growth including funding for climate change and carbon reduction.
In addition, the level of central government support through business rates and general grant income has increased by £1,027,800. This is the last year of the current funding arrangements and this increase is expected to be a one-off.
| How our budget requirement has changed | £'000.00 |
|---|---|
| budget requirement for our services 2019 to 2020 | 12,831.7 |
| increase or (decrease) in net expenditure | -537.1 |
| changes in Capital Charges | 2710.5 |
| changes in Financing Entries and Statutory Accounting Requirements | -4,492.8 |
| changes in use of General Fund balances and reserves | 3,521.9 |
| Budget Requirement for our service 2020 to 2021 | 14,034.2 |
Budget and financial year reports
Our income and expenditure
| Gross expenditure 2019 to 2020 £000 |
Income £000 |
Net expenditure 2019 to 2020 £000 |
Service |
Gross expenditure £000 |
Income 2020 to 2021 £000 |
Net expenditure 2020 to 2021 £000 |
|---|---|---|---|---|---|---|
| 8,910.2 | (838.0) | 8,072.2 | Director of strategy innovation and resources | 5,997.5 | -624.3 | 5373.2 |
| 2,379.3 | (85.4) | 2,293.9 | Operational lead, customer and locality services | 1,643.8 | -1.1 | 1,642.7 |
| 24,602.7 | (18,076.2) | 6,526.5 | Operational lead, specialist services | 27,705.0 | -18,109.8 | 9,595.2 |
| 2,405.6 | (919.8) | 1,485.8 | Operational lead, case management | 2,359.1 | -802.0 | 1,557.1 |
| 14,388.5 | (9,482.8) | 4,905.7 | Operational lead, delivery and commercial services | 13,898.5 | -9,319.7 | 4,578.8 |
| How our Council Tax requirement is calculated | 2019 to 2020 £000 |
2020 to 2021 £000 |
|---|---|---|
| Cost of services (net expenditure) | 21,924.7 | 22,747.0 |
| Financing Entries and Statutory Account Requirements | -7,191.8 | -9,919.1 |
| Net increase/(decrease) in General Fund Balances and Reserves | -1,883.7 | 1,206.3 |
| Our budget requirement | 12,849.20 | 14,034.2 |
| Non-Domestic Rates | -3,536.6 | -4,564.9 |
| Other Grants | -451.0 | -433.0 |
| Our demand on collection fund | 8,861.6 | 9,063.3 |
| Special expenses (parishes)/Collection Fund Deficit | 42.2 | 85.1 |
| Our Council Tax requirement | 8,903.8 | 9,121.4 |