How your 2016/17 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 2016/17 Council Tax is worked out
| Budget Summary | 2016/17
Budget
£’000 | 2015/16
Budget
£’000 |
Difference
% |
|---|
| Net Budget 2015/16 |
16,165 |
|
|
| Inflation |
201 |
|
|
| Net increases in income and grants |
-40 |
|
|
| Net use of reserves & balances |
-1,940 |
|
|
| One-offs |
-218 |
|
|
| Growth (see Note below) |
491 |
|
|
| Identified savings |
-670 |
|
|
| Net Budget 2016/17 |
13,989 |
16,165 |
-13.46% |
| Less: Funding: |
|
|
|
| Business Rates Share (incl. S31 Grant & Enterprise Zone relief) |
4,661 |
5,669 |
17.78% |
Government Revenue Support Grant (incl. Council Tax Support
Funding) |
1,758 |
2,529 |
30.49% |
| New Homes Bonus Grant |
1,898 |
1,570 |
-20.89% |
| Council Tax Freeze Compensation |
0 |
138 |
|
| Collection Fund Surplus/(Deficit) – Business Rates |
-724 |
200 |
|
| Collection Fund Surplus – Council Tax |
145 |
112 |
|
| Total Funding |
7,738 |
10,218 |
24.27% |
| Expenditure to be met by Council Tax payers |
6,251.3 |
5,946.5 |
5.13% |
| Divided by equivalent number of Band D properties |
36,251.91 |
35,503.73 |
-2.11% |
| Dover Tax level (Band D) |
172.44 |
167.49 |
2.96% |
| Add: |
|
|
|
| Kent County Council precept |
1,133.55 |
1,089.99 |
4.00% |
| The Police & Crime Commissioner for Kent precept |
152.15 |
147.15 |
3.40% |
| Kent & Medway Fire and Rescue Service precept |
72.00 |
70.65 |
1.91% |
| Council Tax level (Band D) |
1,530.14 |
1,475.28 |
3.72% |
Note - growth includes additional planning and legal resources to facilitate regeneration in the district, additional highways cleansing, and also an additional cost to the council of increases in overall employers’ National Insurance.
Loan liabilities – The council’s total outstanding borrowings from external organisations on 31 March 2016 were estimated at £89.85 million.