Budget Allocations 2025/26 and changes from 2024/25 Appendix 1
|
2024/25 Adjusted Base £'000 |
Inflation £'000 |
Service Pressures £'000 |
New grant allocations £'000 |
Commitments and Reinvestment £'000 |
VFM & Other Savings £'000 |
2025/26 Original Budget £'000 |
Change over adjusted base £'000 |
Change over adjusted base % |
Families, Children & Wellbeing |
72,456 |
2,549 |
6,777 |
(1,773) |
31 |
(2,458) |
77,582 |
5,126 |
7.07 |
Homes & Adult Social Care |
122,511 |
5,313 |
8,391 |
(5,866) |
- |
(9,256) |
121,091 |
(1,421) |
(1.16) |
City Operations |
47,113 |
1,281 |
6,216 |
(5,519) |
472 |
(1,782) |
47,781 |
669 |
1.42 |
Corporate Support Services |
29,572 |
757 |
2,327 |
- |
700 |
(1,291) |
32,065 |
2,494 |
8.43 |
Total Directorate Spending |
271,652 |
9,898 |
23,711 |
(13,158) |
1,203 |
(14,787) |
278,519 |
6,867 |
2.53 |
Housing Benefit Subsidy |
399 |
- |
300 |
- |
- |
- |
699 |
300 |
75.19 |
Bulk Insurance Premia |
4,137 |
61 |
- |
- |
150 |
- |
4,348 |
211 |
5.10 |
Capital Financing Costs |
7,997 |
- |
- |
- |
4,631 |
- |
12,628 |
4,631 |
57.91 |
Corporate VFM Savings |
(2,498) |
(72) |
- |
- |
- |
(1,102) |
(3,672) |
(1,174) |
47.00 |
Contingency and Risk Provisions |
(1,023) |
23 |
- |
- |
7,262 |
- |
6,262 |
7,285 |
(712.12) |
Unringfenced Grants |
(32,150) |
- |
- |
(2,265) |
5,300 |
- |
(29,115) |
3,035 |
(9.44) |
Levies to External Bodies |
242 |
7 |
- |
- |
- |
- |
249 |
7 |
2.89 |
Other Corporate Budgets |
(3,437) |
(103) |
- |
- |
100 |
- |
(3,440) |
(3) |
0.09 |
NET REVENUE EXPENDITURE |
245,319 |
9,814 |
24,011 |
(15,423) |
18,646 |
(15,889) |
266,478 |
21,159 |
8.62 |
Contributions to/ from(-) reserves |
1,399 |
- |
- |
- |
(3,058) |
- |
(1,659) |
(3,058) |
(218.58) |
BUDGET REQUIREMENT |
246,718 |
9,814 |
24,011 |
(15,423) |
15,588 |
(15,889) |
264,819 |
18,101 |
7.34 |
Funded By: |
|
|
|
|
|
|
|
|
|
Revenue Support Grant |
8,453 |
|
|
|
|
|
8,789 |
336 |
3.97 |
Business Rates Local Share |
54,152 |
|
|
|
|
|
60,519 |
6,367 |
11.76 |
BRR Tariff/top up |
1,648 |
|
|
|
|
|
1,666 |
18 |
1.09 |
Business Rates Collection Fund surplus/(deficit) |
(1,453) |
|
|
|
|
|
(1,575) |
(122) |
8.40 |
Council Tax Collection Fund surplus/(deficit) |
(1,174) |
|
|
|
|
|
(2,204) |
(1,030) |
87.73 |
Council Tax |
185,092 |
|
|
|
|
|
197,624 |
12,532 |
6.77 |
Total |
246,718 |
|
|
|
|
|
264,819 |
18,101 |
7.34 |