Council budget
Each year the Council must plan ahead and prepare budgets
for the new financial year which starts on 1st April. There are in
fact two separate budgets - one for Revenue and the other for
Capital expenditure.
The Council's total revenue expenditure, excluding expenditure
relating to Council Housing is charged to the General Fund. The net
expenditure on the General Fund after allowing for government
grants, contributions to and from revenue balances and direct
charges for services is met by the Council Tax payer. The net
expenditure on Council Housing is mainly recovered by way of rents
from Council House tenants.
The Council's Capital Budget funds expenditure on the purchase,
maintenance and improvement of assets that provide benefit to the
community for many years to come - such as schools and roads.
