Budget 2020/21

The council's budget for 2020/21 was approved on 25 February 2020.

Budget summary

Uttlesford District Council's budget proposals for 2020/21 were approved at Full Council on 25 February 2020.

The Uttlesford District Council part of  the Council Tax will be increased to give a total council tax yield of £5,956,840.

The increase will cost a Band D property an extra £5 per year, taking the total Uttlesford precept for this type of property in 2020/21 from £151.51 to £156.61 in 2020/21.

You can find out on this page how the budget was approved, where the council's income comes from, what we will be doing in response to the public consultation and how the council will be spending your money in the coming year.   
 

How the budget was approved

The budget proposals were considered at the following meetings  where the proposals were formally approved. Reports and background papers which were submitted to each of these meetings can be inspected using the links below.

Funding the budget

The budget lays out how much we plan to spend on each of our main services. We collect some of this money through Council Tax, but we have other sources of income from sources such as Localised Business Rates Retention (BRR),  New Homes Bonus (NHB), Rural Services Delivery Grant (RSDG), fees charged for services and from investments.This chart show the main sources of the council's income.

Budget 2020/21 breakdown of the council's funding

Council Tax

We (Uttlesford District Council) collect your Council Tax and put it into a separate fund called the collection fund. We share this fund with Essex County Council, Essex Police, Fire and Crime Commissioner and the parish and town councils.

How Uttlesford District Council calculates Council Tax

Uttlesford District Council collects your council tax and puts it into a separate fund called the collection fund. This fund is then shared with Essex County Council, Police Fire and Crime Commissioner for Essex and the parish and town councils. These components of your council tax are called "precepts". The picture below shows, on average, where each pound of your council tax goes.

Council tax 2020/21 who gets what

The Localism Act 2011 has made significant changes to the Local Government Finance Act 1992, and now requires the Council to calculate a council tax requirement for the year, not its budget requirement as previously.

Fees

The council generates some income from the fees it charges for services.

Business Rates (NNDR)

Business rates are charged on most non-domestic properties, like shops, offices, pubs, warehouses, factories, holiday rental homes or guest houses.

How Uttlesford District Council spends the budget

This shows how much we (Uttlesford District Council) plan to spend on each of our main services.
 

 

£'000

2019/20

Original budget

2019/20

Current budget

2020/21

Original budget

 

Increase / (decrease)

Direct service Budgets

 

 

 

 

Net service expenditure

12,948

12,948

14,874

1,925

Corporate Items

 

  

 

Capital Financing

1,892

7,628

1,672

(5,956)

Recharge to HRA

(2,059)

(2,059)

(1,747)

312

Other Corporate Items

85

85

1,028

943

Investment incomes (net of charges)

(1,624)

(1,624)

(2,124)

(501)

Net Expenditure

(1,705)

(4,030)

(1,171)

(5,202)

Funding

 

  

 

New Homes Bonus Grant

(2,969)

(2,969)

(3,635)

(666)

Business Rates Retention

(4,294)

(4,294)

(3,317)

977

Rural Services Grant

(279)

(279)

(279)

(0)

Council Tax - Collection Fund Balance

(67)

(67)

(20)

47

 

(7,609)

(7,609)

(7,251)

358

Net Operating Expenditure

3,634

9,370

6,452

(2,919)

Net transfers to/(from) other earmarked reserves

2,0223

(3,713)

(495)

3,219

Council Tax Requirement

5,657

5,657

5,957

300

Council Tax (precept levied on Collection Fund)

(5,657)

(5,657)

(5,957)

(300)

 

0

0

0

0


Breakdown of the council's net service expenditure

Budget 2020/21 breakdown of the council's net service expenditure
 

Further details are set out in the General Fund and Council Tax 2020/21 report [439KB] to Council. In this, the budget summary in Appendix H provides details on the funding of each of the council's services.