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

Our budget

Budget and financial year reports

Our income and expenditure

Gross expenditure
2019 to 2020
£000

Income
2019 to 2020

£000

Net expenditure
2019 to 2020
£000
Service

Gross expenditure
2020 to 2021

£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