Westmorland and Furness Income & Expenditure

Westmorland and Furness Income and Expenditure

Council Tax levels for Westmorland and Furness Council

Band	Council Tax Amount
A	1,160.59
B	1,354.03
C	1,547.46
D	1,740.89
E	2,127.76
F	2,514.62
G	2,901.49
H	3,481.78

How our Council Tax Requirement is calculated

We estimate the future cost of our services and the degree to which it is offset by income that will be generated by the fees and charges which apply for certain activities.

Revenue Budget Summary 2022/23 2023/24 2024/25 2025/26 2026/27 2027/28 Restated Budget Budget Budget Budget Budget Budget £m £m £m £m £m £m 224.03 Net Budget 268.478 262.82 268.642 274.601 280.697 Sources of Finance: (-7.436) Revenue Support Grant (-8.451) (-8.62) (-8.793) (-8.969) (-9.148) (-21.249) General Grants (-25.788) (-25.141) (-25.141) (-25.141) (-25.141) (-51.224) Retained Business Rates (-56.682) (-57.816) (-58.972) (-60.152) (-61.355) 0.000 (Surplus)/Defecit on Business Rates Collection Fund 0.617 0.000 0.000 0.000 0.000 0.000 (Surplus)/Defecit on Council Tax Collection Fund 0.526 0.000 0.000 0.000 0.000 0.000 Additional Government Support (-26.000) 0.000 0.000 0.000 0.000 0.000 Second Homes Premium 0.000 (-10.103) (-10.305) (-10.511) (-10.721) (-79.909) Total Sources of Finance: (-115.778) (-101.68) (-103.211) (-104.773) (-106.365) 144.121 Total Council Tax Requirement 152.7 161.14 165.431 169.828 174.332 n/a Divide by Council Taxbase (revised as per Local Council Tax Support Schemes) 87,714 88,163 88,736 89,307 89,878 £1658.15 Council Tax per Band D Property £1,740.89 £1,827.76 £1,864.32 £1,901.61 £1,939.64 General Percentage Council Tax Increase 2.99% 2.99% 2.00% 2.00% 2.00% n/a Additional Precept for Adult Social Care 2.00% 2.00% 0.00% 0.00% 0.00% n/a Percentage Council Tax Increase 4.99% 4.99% 2.00% 2.00% 2.00%

Budget requirements for previous years for the legacy Authorities can be found here:

Cumbria County Council

Barrow in Furness Borough Council

Eden District Council

South Lakeland District Council

Our Income and Expenditure

Our Income and expenditure for 2023-24

Revenue Budget Summary 2022/23 2023/24 2024/25 2025/26 2026/27 2027/28 Restated Budget Budget Budget Budget Budget Budget £m £m £m £m £m £m Directorate Budgets: 4.615 Chief Executive and Assistant Chief Executive 4.715 4.615 4.615 4.615 4.615 60.454 Adult Services 58.324 58.546 58.546 58.546 58.546 47.362 Children's Services 52.925 52.925 52.925 52.925 52.925 19.751 Enabler Services 22.647 22.662 22.817 22.817 22.817 37.44 Thriving Places 37.238 42.419 42.55 42.87 42.87 11.359 Thriving Communities 11.374 11.374 11.374 11.374 11.374 2.568 Locality Boards 2.568 2.568 2.568 2.568 2.568 36.06 Resources (incl Treasury Management) 41.816 48.085 498.300 48.798 49.091 0.000 Transformation, Integration and Improvement 16.500 5.000 0.000 0.000 0.000 219.609 Service Expenditure 248.107 248.194 693.695 244.513 244.806 Corporate Budgets: 0.457 Precepts Paid 0.457 0.457 0.457 0.457 0.457 0.163 Pay and Inflation 19.642 27.432 35.004 41.313 49.877 0.62 Total Corporate Budgets 20.099 27.889 35.461 41.770 50.334 3.158 Savings to identify 0.000 (9.911) (13.585) (13.778) (15.086) 0.643 Transfers to & (from) Earmarked Reserves 0.272 (3.352) 2.071 2.096 0.643 224.03 Net Budget 268.478 262.820 268.642 274.601 280.697

Contact details:

• Contact: Customer Services, Council Tax
• Email: counciltax1@westmorlandandfurness.gov.uk
• Telephone: 01229 404242
• Address: Town Hall, Duke Street, Barrow in Furness, Cumbria La14 2LD