How your 2013/14 Council Tax was worked out
The Council Tax for Dover District Council is worked out by looking at what money is needed to run the services we provide, based on what we have set as our budget for the coming year.
The total amount of Council Tax we need to collect is identified as the difference between the budget we need and the money we already have to spend on services. This is shown in the table below:
How your 2013/14 Council Tax was calculated
| Budget Summary | 2013/14
£’000 | 2012/13
£’000 | Difference
% |
|---|
| Net Budget 2012/13 |
14,299 |
|
|
| Inflation |
328 |
|
|
| Net decreases in income and grants |
339 |
|
|
| Contributions to reserves & balances |
375 |
|
|
| One-offs |
69 |
|
|
| Growth |
431 |
|
|
| Identified savings |
-1,361 |
|
|
| Net Budget 2013/14 |
14,480 |
14,299 |
1.27% |
| Less: Funding: |
|
|
|
| Business Rates Allocation |
-2,994 |
-7,104 |
} -10.59% |
| Government Revenue Support Grant |
-3,481 |
-138 |
| New Homes Bonus Grant |
-927 |
-449 |
|
| Council Tax Support Funding |
-1,219 |
0 |
|
| Collection Fund Surplus |
-37 |
0 |
|
| Total Funding (Note 1) |
-8,658 |
-7,691 |
12.57% |
| Expenditure to be met by Council Tax payers |
5,821.6 |
6,608.2 |
-11.90% |
| Divided by equivalent number of Band D properties |
34,757.85 |
40,188.44 |
-13.51% |
| Dover Tax level (Band D) |
167.49 |
164.43 |
1.86% |
| Add: |
|
|
|
| Kent County Council precept |
1,047.78 |
1,047.78 |
0.00% |
| The Police & Crime Commissioner for Kent precept |
141.47 |
138.68 |
2.01% |
| Kent & Medway Fire and Rescue Service precept |
67.95 |
67.95 |
0.00% |
| Council Tax level (Band D) |
1,424.69 |
1,418.84 |
0.41% |
Note 1. Total funding includes £1.219 million Council Tax Support funding from government to offset the impact of reduced Council Tax Income under the new Council Tax Support Scheme.
Loan liabilities – the council’s total outstanding borrowings from external organisations on 31 March 2013 were estimated at £97.705 million.