Our budget setting report provides an integrated view of the whole of our finances and outlook. It is produced each year.
It includes both general fund revenue and overall capital expenditure. The general fund is the account within which the majority of our services are provided and funded – it’s the account into which the proceeds of council tax are credited.
Housing revenue account summary
| Net Expenditure | Estimate | Forecast | Estimate | Difference |
|---|---|---|---|---|
| Housing Revenue Account | N/A | N/A | N/A | N/A |
| Expenditure | N/A | N/A | N/A | N/A |
| Support Services | N/A | N/A | N/A | N/A |
| Repairs Administration | 1,470,031 | 1,515,000 | 1,887,814 | 417,783 |
| General Administration | 2,308,768 | 1,965,980 | 2,558,730 | 249,962 |
| Sheltered Housing | 170,857 | 84,978 | 95,421 | (75,436) |
| Flats - Communal Areas | 24,721 | 7,400 | 49,312 | 24,591 |
| Outdoor Maintenance | 156,807 | 156,611 | 158,543 | 1,736 |
| Sewage | 9,484 | 1,642 | 5,996 | (3,488) |
| Tenant Participation | 198,604 | 147,922 | 194,043 | (4,561) |
| Reprovision and New Homes Programme | 100,987 | 58,000 | 172,313 | 71,326 |
| Other Expenditure | N/A | N/A | N/A | N/A |
| Rent Rates etc | 3,000 | 4,200 | 4,200 | 1,200 |
| Registration of HRA Land | 6,500 | 5,890 | 4,500 | (2,000) |
| Housing Repairs & Maintenance | 4,151,390 | 3,751,390 | 4,463,000 | 311,610 |
| Provision for Bad or Doubtful Debts | 139,920 | 125,000 | 140,000 | 80 |
| Recharges | N/A | N/A | N/A | N/A |
| Corporate Management | 988,220 | 988,220 | 261,605 | (726,615) |
| Democratic Representation Charge | 83,500 | 83,500 | 319,423 | 235,923 |
| Treasury Management Charge | 1,400 | 8,500 | 24,500 | 23,100 |
| Communications | 45,000 | 45,000 | 45,900 | 900 |
| Capital Charges | N/A | N/A | N/A | N/A |
| Interest on Self Finance Debt / Loan interest | 7,178,920 | 7,178,920 | 7,253,920 | 75,000 |
| Revenue Funding of Capital Expenditure | 12,621,740 | 10,912,000 | 15,149,000 | 2,527,260 |
| Net Depreciation | 6,662,610 | 6,662,610 | 6,868,450 | 205,840 |
| Total Expenditure | 36,322,459 | 33,702,763 | 39,656,669 | 3,334,210 |
| Income | N/A | N/A | N/A | N/A |
| Rent Income from Dwellings | (27,559,960) | (27,867,630) | (29,022,950) | (1,462,990) |
| Rent Income from Garages | (392,720) | (403,000) | (411,060) | (18,340) |
| Other Income | (30,000) | (40,000) | (40,000) | (10,000) |
| De=Minimus Receipts | (3,000) | (3,000) | (3,000) | 0 |
| Total Income | (27,985,680) | (28,313,630) | (29,477,010) | (1,491,330) |
| Net Cost of Services | 8,336,779 | 5,389,133 | 10,179,659 | 1,842,880 |
| External Interest Receivable | (546,220) | (941,200) | (680,471) | (134,251) |
| Internal Interest Receivable | 0 | N/A | 0 | 0 |
| Transfer from Earmarked Reserves | N/A | N/A | (6,000,000) | (6,000,000) |
| Deficit/(Surplus) for the year | (20,198,121) | (23,868,697) | (25,980,822) | (5,782,701) |
General Fund
| Net Expenditure | 2019 to 2020 Net estimate (000's) | 2020 to 2021 Expenditure estimate (000's) | 2020 to 2021 Income estimate (000's) | 2020 to 2021 Net Expenditure estimate (000's) |
|---|---|---|---|---|
| All services | - | - | - | - |
| Directorate | - | - | - | - |
| Corporate Services - overheads | 6,293 | 9,094 | 104 | 8,990 |
| Corporate Services | 6,072 | 25,209 | 19,928 | 5,281 |
| Health & Environmental Services | 7,256 | 16,578 | 7,605 | 8,973 |
| Housing (Including HRA) | 9,284 | 44,119 | 32,093 | 12,026 |
| Planning | 5,238 | 10,172 | 5,857 | 4,315 |
| Items not included within Recharges - 09/01/18 | 130 | 250 | - | 250 |
| Net Direct Service Expenditure | 27,980 | 96,328 | 65,483 | 30,845 |
| Combined Authority and Greater Cambridge Partnership | 742 | 1,074 | - | 1,074 |
| Savings not included in Service estimates | - | - | - | - |
| Expenditure on Precautionary Items | 75 | - | - | - |
| Net Service Expenditure | 28,797 | 97,402 | 65,483 | 31,919 |
| Internal Drainage Boards | 202 | 197 | - | 197 |
| Cost of borrowing to fund Capital spend | 9 | 1,451 | - | 1,451 |
| Interest on Balances | (2,004) | - | 4,537 | (4,537) |
| Capital Charges and other reversals | (1,063) | (1,074) | - | (1,074) |
| Minimum Revenue Provision | 176 | 2,075 | - | (2,075) |
| Capital Financing | - | 3,978 | - | 3,978 |
| Net District Council General Fund Expenditure | 26,117 | 104,029 | 70,020 | 34,009 |
| Appropriation to/(from) Earmarked Reserves | (8,131) | 3,899 | 11,281 | (7,382) |
| Appropriation to/(from) General Reserve | 604 | 1,451 | 3,727 | (2,276) |
| New Homes Bonus | (2,473) | - | 2,767 | (2,767) |
| General Expenses (Budget Requirement for capping purposes) | 16,117 | 109,379 | 87,795 | 21,584 |
| Special Expenses - Parish Precepts | 5,618 | 5,882 | - | 5,882 |
| Rural Services Grant | (131) | - | 131 | (131) |
| Retained Business Rates and Grant | (6,811) | - | 11,484 | (11,484) |
| (Surplus)/Deficit on Collection Fund re Council Tax | (82) | - | 99 | (99) |
| (Surplus)/Deficit on Collection Fund re Business Rates | - | - | 307 | (307) |
| Demand on Collection Fund to be raised from council taxpayers | 14,711 | 115,261 | 99,816 | 15,445 |
| Income from Council Tax | - | - | - | - |
| Tax Base for tax setting purposes (Band D equivalents) | 62.576.3 | - | - | 63,617.60 |
| for the District | 145.31 | - | - | 150.31 |
| for the Parish (average) | 89.78 | - | - | 92.47 |
| - | 235.09 | - | - | 242.78 |
Council Tax
The council tax leaflet is a statutory document distributed with council tax and business rate bills every March.
The leaflet summarises how the city council, county council, police and fire authorities each spend their share of council tax.
We collect the tax on behalf of the other authorities and then redistribute it to them.
Read more about how council tax is spent.