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Financial Information
Council Tax
The average Council Tax for a dwelling in
Band D is £185.49 for District and Parish
Council purposes. The average total Council
Tax for a Band D dwelling is £1,242.05
(County Council 76%, Police Authority 9%,
District and Parish Council 15%).
Capital Programme
For the two years prior to 1 April 2004 the
Council held debt-free status, which
significantly increased its capital spending
ability. Debt free status no longer applies
following the introduction of the
‘prudential’ system of capital finance.
The capital programme for 2005/06
amounts to a total of £16.9m of which £12.7m
is in the Housing Investment Programme
and £4.2m in the General Fund Programme.
Significant projects relate to leisure
buildings, London Road Cemetery, recycling
initiatives, disabled access to buildings and
improvements to Information Technology
(upgrades, replacements, new financial
management system).
General Fund Budget
The net budget, before use of balances, is
£16.6m which is analysed between income
and expenditure as follows:
Housing Revenue Account
Gross expenditure is £20.3m, income £20.1m
(largely rents) and the net amount drawn
from balances £0.2m.
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