Budget Allocations 2026/27 and changes from 2025/26                                                                                                                   Appendix 1

 

2025/26 Adjusted Base        £'000

Inflation   £'000

Service Pressures   £'000

Commitments and Investments  £'000

 Exceptional Financial Support  £'000

 VFM & Other Savings £'000

2026/27 Original Budget £'000

Change over adjusted base     £'000

Change over adjusted base            %

Families, Children & Wellbeing

86,347

2,682

5,640

(1,739)

-

(1,870)

91,060

4,713

5.46

Homes & Adult Social Care

152,724

4,788

12,915

(251)

-

(7,862)

162,314

9,590

6.28

City Operations

49,957

1,435

3,240

(2,121)

-

(5,222)

47,289

(2,668)

(5.34)

Central Hub

31,909

817

2,514

(1,052)

-

(2,670)

31,518

(391)

(1.23)

Total Directorate Spending

320,937

9,722

24,309

(5,163)

 

(17,624)

332,181

11,244

3.50

Housing Benefit Subsidy

699

-

2,400

-

-

-

3,099

2,400

343.35

Bulk Insurance Premia

4,348

67

-

150

-

-

4,565

217

4.99

Capital Financing Costs

12,540

-

-

913

-

-

13,453

913

7.28

Corporate VFM Savings

(1,140)

(31)

1,171

-

-

(3,125)

(3,125)

(1,985)

174.12

Contingency and Risk Provisions

1,341

38

218

327

-

-

1,924

583

43.48

Un-ringfenced Grants

(984)

-

-

684

(15,000)

-

(15,300)

(14,316)

1,454.88

Levies to External Bodies

249

6

-

-

-

-

255

6

2.41

Other Corporate Budgets

(3,537)

(134)

-

(175)

-

(3,846)

(309)

8.74

NET REVENUE EXPENDITURE

334,453

9,668

28,098

(3,264)

(15,000)

(20,749)

333,206

(1,247)

(0.37)

Contributions to/ from(-) reserves

(1,649)

-

-

(608)

10,527

-

8,270

9,919

(601.52)

BUDGET REQUIREMENT

332,804

9,668

28,098

(3,872)

(4,473)

(20,749)

341,476

8,672

2.61

Funded By:

 

 

 

 

 

 

 

Revenue Support Grant

76,774

 

 

 

 

75,522

(1,252)

(1.63)

Business Rates Local Share

60,519

 

 

 

 

80,712

20,193

33.37

BRR Tariff/top up

1,666

 

 

 

 

(22,270)

(23,936)

(1,436.73)

Business Rates Collection Fund surplus/(deficit)

(1,575)

 

 

 

 

(1,427)

148

(9.40)

Council Tax Collection Fund surplus/(deficit)

(2,204)

 

 

 

 

(1,071)

1,133

(51.41)

Council Tax

197,624

 

 

 

 

210,010

12,386

6.27

Total

332,804

 

 

 

 

 

341,476

8,672

2.61