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