Where the money comes from
Our expenditure is funded by income from fees and charges, government grant for specific services, general government grant (including redistributed business rates) and council tax.
The budget is that part of our expenditure funded by central government and from council tax. Income from council tax funds 25% of our gross expenditure and 57% of our net budget requirement.
Table showing where the money comes from
| Where the money comes from | 2023 to 2024
£ million | 2024 to 2025
£ million |
|---|
| Gross expenditure |
1,519.4 |
1,632.1 |
| Fees and charges |
-878.8 |
-963.3 |
| Debt charges |
38.6 |
49.7 |
| Interest receipts |
-4.5 |
-3.7 |
| Internal financing |
3.6 |
0 |
| Net budget requirement |
678.2 |
714.8 |
| Revenue Support Grant |
-15.7 |
-16.8 |
| Business rates |
-19.4 |
-21 |
| Government Top Up Grant |
-97.8 |
-101.9 |
| General grants |
-134.6 |
-154 |
| Use of reserves |
-23.7 |
-11 |
| Council tax payer |
387 |
410.1 |