How your 2018/19 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 2018/19 Council Tax is worked out
| Budget Summary | 2018/19
Budget
£’000 | 2017/18
Budget
£’000 | Difference
% |
|---|
| Net Budget 2017/18 |
13,802 |
|
|
| Inflation |
314 |
|
|
| Net increases in income/grants (see notes below) |
-1,668 |
|
|
| Net contribution to reserves & balances |
1,301 |
|
|
| One-offs |
165 |
|
|
| Growth (see notes below) |
820 |
|
|
| Identified savings |
-247 |
|
|
| Net Budget 2018/19 |
14,487 |
13,802 |
4.96% |
| Less: Funding: |
|
|
|
| Business Rates Share |
5,946 |
4,793 |
24.06% |
| Government Revenue Support Grant |
568 |
1,027 |
-44.69% |
| New Homes Bonus Grant |
1,515 |
1,874 |
-19.16% |
| Collection Fund Deficit |
-464 |
-492 |
|
| Total Funding |
7,565 |
7,202 |
5.04% |
| Expenditure to be met by Council Tax payers |
6,922.10 |
6,599.70 |
4.89% |
| Divided by equivalent number of Band D properties |
37,962.69 |
37,204.40 |
2.04% |
| |
£ |
£ |
% |
| Dover Tax level (Band D) |
182.34 |
177.39 |
2.79% |
| Add: |
|
|
|
| Kent County Council precept |
1,237.68 |
1,178.82 |
4.99% |
| The Police & Crime Commissioner for Kent precept |
169.15 |
157.15 |
7.64% |
| Kent & Medway Fire and Rescue Service precept |
75.51 |
73.35 |
2.94% |
| Council Tax level (Band D) |
1,664.68 |
1,586.71 |
4.91% |
Notes:
- Income increase includes improved returns from diversification of investments, additional recovery of staff resource from HRA and capital projects, and improved returns from the property investment strategy.
- Growth includes extra costs of homeless accommodation due to increased demand. Solutions, including additional interim accommodation, are being prioritised.
- Loan liabilities – the council’s total outstanding borrowings from external organisations on 31 March 2018 were estimated at £85.51 million.