Your Councillors


APPENDIX A

MAIDSTONE BOROUGH COUNCIL

POLICY AND RESOURCES COMMITTEE

COLLECTION FUND 2015/16 - COUNCIL TAX ADJUSTMENT

£

Share  %

DEMANDS ON THE FUND

Maidstone Borough Council budget requirement

14,823,367

16.59%

Kent County Council

62,101,417

69.52%

Kent Police Authority

8,383,768

9.38%

Kent and Medway Towns Fire Authority

4,025,234

4.51%

Council Tax requirement

89,333,786

1.00

DEBIT RAISED

Charges raised

108,696,096

      Less Disabled Relief

71,629

                         Discounts

16,622,639

                         Exemptions

1,483,628

90,518,200

      Less Provision for bad and doubtful debts

884,142

Projected Council Tax Income

89,634,058

Projected surplus for the year

300,272

 

 

 

UTILISATION OF FUND BALANCE

      £

Actual Surplus at 31 March 2015

2,542,677

Less anticipated surplus (2014-15 Estimate)

1,826,034

 

716,643

Add Projected Surplus 2015-16

300,272

 

 

Projected Surplus at 31 March 2016

1,016,915