APPENDIX A
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 |
2,251 |
1,463 |
922 |
420 |
0 |
2,903 |
RETAINED BUSINESS RATES |
2,983 |
3,043 |
3,104 |
3,166 |
3,229 |
GROWTH |
42 |
52 |
62 |
72 |
82 |
|
6,177 |
COLLECTION FUND ADJUSTMENT |
5,276 |
4,558 |
4,088 |
3,658 |
3,311 |
71 |
302 |
|
|
|
|
|
12,868 |
COUNCIL TAX |
13,430 |
13,766 |
14,110 |
14,462 |
14,824 |
19,116 |
BUDGET REQUIREMENT |
19,008 |
18,324 |
18,198 |
18,120 |
18,135 |
13,938 |
OTHER INCOME |
14,214 |
14,414 |
14,614 |
14,814 |
15,014 |
33,054 |
TOTAL RESOURCES AVAILABLE |
33,222 |
32,738 |
32,812 |
32,934 |
33,149 |
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 SERVICE ARRANGEMENTS WITH PARISHES
MINOR INITIATIVES GROWTH PROVISION
TOTAL PREDICTED REQUIREMENT |
33,054
406
150
30 |
33,222
474
300
30 |
32,738
434
100 |
32,812
526
50 |
32,934
454
50 |
34,308 |
33,640 |
34,026 |
33,272 |
33,388 |
33,438 |
1,254 |
ANNUAL SAVINGS TARGET |
418 |
1,288 |
460 |
454 |
289 |