APPENDIX B

 

RECOMMENDED RESOURCE ASSUMPTIONS

 

BUDGET STRATEGY 2015/16 ONWARDS REVISED STRATEGIC REVENUE PROJECTION

 

2014/15                                                                                  2015/16   2016/17   2017/18   2018/19   2019/20

£,000                                                                                        £,000        £,000        £,000        £,000        £,000

 

AVAILABLE FINANCE

 

3,274

REVENUE SUPPORT GRANT

2,267

1,463

922

420

0

2,903

RETAINED BUSINESS RATES

2,959

3,018

3,078

3,140

3,203

BUSINESS RATES GROWTH AND POOL

1,176

1,186

1,196

1,206

1,216

6,177

 

 

 

COLLECTION FUND ADJUSTMENT

6,402

5,667

5,196

4,766

4,419

71

302

 

 

 

 

12,868

COUNCIL TAX

13,429

13,765

14,109

14,462

14,824

19,116

BUDGET REQUIREMENT

20,133

19,432

19,305

19,228

19,243

13,938

OTHER INCOME

14,214

14,414

14,614

14,814

15,014

33,054

TOTAL RESOURCES AVAILABLE

34,347

33,846

33,919

34,042

34,257

 

 

 

 

EXPECTED SERVICE SPEND

 

33,487

 

 

 

455

 

 

 

25

50

 

 

 

 

80

50

30

21

30

 

 

 

 

80

CURRENT SPEND

 

INFLATION INCREASES

PAY AND INFLATION INCREASES

 

NATIONAL INITIATIVES

LOSS OF ADMINISTRATION GRANT PENSION DEFICIT FUNDING

SINGLE TIER PENSION ARRANGMENTS

 

LOCAL PRIORITIES ELECTIONS LOCAL PLAN MARKET INCOME

ADVERTISING SPONSORSHIP ECONOMIC DEVELOPMENT STAFFING ECONOMIC DEVELOPMENT STRATEGY BUSINESS SUPPORT PROVISION

HOUSING TEMPORARY ACCOMMODATION SERVICE ARRANGEMENTS WITH PARISHES

 

MINOR INITIATIVES

GROWTH PROVISION

 

TOTAL PREDICTED REQUIREMENT

33,054

 

 

 

471

 

 

 

150

 

 

 

 

 

 

 

 

 

 

30

266

868

160

34,347

 

 

 

476

 

 

 

 

 

275

 

 

 

 

 

 

 

 

30

33,846

 

 

 

435

 

 

 

100

33,919

 

 

 

527

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

50

34,042

 

 

 

456

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

50

34,308

34,999

35,128

34,381

34,496

34,548

 

 

1,254

ANNUAL SAVINGS TARGET

652

1,282

462

454

291