Your Councillors

 

Maidstone Borough Council
Policy & Resources Committee
23 November 2016


Appendix I


Collection Fund 2016/17 - Council Tax Adjustment

 

 

 

 

Demands on the fund

£

Approx %

Maidstone Borough Council budget requirement

15,581,938

16.41%

Kent County Council (including adult social care charge)

66,280,016

69.78%

Kent Police Authority

8,904,640

9.38%

Kent and Medway Towns Fire Authority

4,213,829

4.44%

Council Tax requirement

94,980,423

100.00%

 

 

Debit raised

Charges raised

 

114,587,337

         Less Disabled Relief

-79,456

Discounts

-16,462,472

 Other reductions & exemptions

-2,515,887

 

95,529,522

Less Provision for bad and doubtful debts

955,295

Projected Council Tax Income

94,574,226

 

Projected deficit for the year                                                                                      -406,197

 

 

 

 

Utilisation of fund balance

 

£

Actual Surplus at 31 March 2016

1,764,204

Less anticipated surplus (2015-16 Estimate)

1,016,915

 

Add Projected Deficit 2016-17

747,289

-406,197

Projected Surplus at 31 March 2017

341,092

 

 

 

 

 

Distribution of surplus

 

 

55,972

 

 

16.41%

Maidstone Borough Council

Kent County Council

238,012

69.78%

Kent Police Authority

31,993

9.38%

Kent and Medway Towns Fire Authority

15,144

4.44%

Total projected Surplus share as at 31 March 2017

341,122

100.00%