The amount of money required by the Council (its budget requirement for 2025/26 to carry out its functions and provide services is £16.294 million (£15.371 million in 2024/25).
A proportion of this is met from Business Rates Retention with the balance being met from council taxpayers.
The table below provides an analysis of the funding of the budget requirement and illustrates how the charge of £178.75 for a Band D property is calculated.
| Analysis Type | Budget 2025/26 | Band D Equivalent |
|---|---|---|
| Budget Requirement | 16,236 | 327.10 |
| Less Business Rates Retention | 7,364 | 148.35 |
| Council Tax Requirement | 8,872 | 178.75 |
Further details about the Council's spending plans and the Council Tax for 2025/26 can be obtained from the Council Tax Booklet