The budget for the year April 2024 to March 2025 has been set at £19.6 million, together with a capital programme of £29.6 million. These are the amounts that we believe we will need to continue providing high quality services and to meet the ambitious targets and projects set for the year.
| Service area | Planned spend Figures in £'000 |
|---|---|
| Climate change and sustainability | 254 |
| Community care | 4,190 |
| Environmental services | 5,470 |
| Finance and resources | 3,866 |
| Housing | 3,708 |
| Leisure, culture and commercial strategy | 6,765 |
| Planning, enterprise and local economy | 2,282 |
| Policy and transformation | 3,615 |
| Net cost of all services | 30,150 |
| Capital financing | 2,844 |
| Depreciation reversal | (3,938) |
| Interest on balances | (5,250) |
| Investment properties | (3,646) |
| Claygate Parish - localisation of Council Tax Benefits Grant | 3 |
| Net budget before use of Reserves | 20,163 |
| Services Grant | (15) |
| Multiplier Compensation Grant | (477) |
| Funding Guarantee | (1,732) |
| (From)/to earmarked reserve | 56 |
| Contribution to Interest Equalisation Reserve | 1,750 |
| Transfer from Council Tax Freeze Grant Reserve | (150) |
| New Homes Bonus | (131) |
| New Homes Bonus transferred to reserves | 131 |
| Additional Funding Guarantee | (205) |
| Housing pressures | 205 |
| Net budget | 19,595 |
For more information see:
Council Tax
For information on Council Tax see how your Council Tax is spent.
Medium term financial strategy
In February 2024 the council approved its Budget and Medium Term Financial Strategy 2024 to 2025 projecting the financial position of the council in the medium term: