How your 2014/15 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 2014/15 Council Tax was worked out
| Budget Summary | 2014/15
£’000 | 2013/14
£’000 | Difference
% |
|---|
| Net Budget 2013/14 |
14,480 |
|
|
| Inflation |
141 |
|
|
| Net decreases in income and grants |
34 |
|
|
| Contributions to reserves & balances |
217 |
|
|
| One-offs |
59 |
|
|
| Growth |
153 |
|
|
| Identified savings |
-547 |
|
|
| Net Budget 2014/15 |
14,537 |
14,480 |
0.39% |
| Less: Funding: |
|
|
|
| Business Rates Share (incl. S31 Grant & Enterprise Zone relief) |
-3,591 |
-2,994 |
19.94% |
| Government Revenue Support Grant (incl. Council Tax Support Funding) |
-3,698 |
-4,700 |
-21.32% |
| New Homes Bonus Grant |
-1,296 |
-927 |
|
| Council Tax Freeze Compensation |
-58 |
0 |
|
| Collection Fund Surplus |
-20 |
-37 |
|
| Total Funding |
8,663 |
8,658 |
0.06% |
| Expenditure to be met by Council Tax payers |
5,874.0 |
5,821.6 |
0.90% |
| Divided by equivalent number of Band D properties |
35,070.45 |
34,757.85 |
0.90% |
| Dover Tax level (Band D) |
167.49 |
167.49 |
0.00% |
| Add: |
|
|
|
| Kent County Council precept |
1,068.66 |
1,047.78 |
1.99% |
| The Police & Crime Commissioner for Kent precept |
144.28 |
141.47 |
1.99% |
| Kent & Medway Fire and Rescue Service precept |
69.30 |
67.95 |
1.99% |
| Council Tax level (Band D) |
1,449.73 |
1,424.69 |
1.76% |
Note - loan liabilities – the council’s total outstanding borrowings from external organisations on 31 March 2014 were estimated at £93.85 million.