How we are funded
The Council’s general fund budget is funded through 4 main sources of income:
- Council Tax
- Government grants - ringfenced (allocated) for a specific purpose and un-ringfenced
- Service specific income
- Business Rates
The chart and table below set out the Council’s key funding stream budgets (excluding provisional Dedicated Schools Grant of £552m in 2026-27):
| Funding | Amount |
|---|---|
| Council Tax | £292million (£245million General Council Tax, £47million Adult Social Care Levy) |
| Grants (ringfenced for a specific purpose) - such as Public Health Grant, Housing Benefit Subsidy Grant | £146million |
| Service income - includes income such as service fees and charges, Adult Social Care client contributions, contractual income | £126million |
| Grants (un-ringfenced) - mainly Revenue Support Grant but also includes some un-ringfenced service grants | £105million |
| Business Rates | £63million |
Read the draft budget proposals
Read the draft budget proposals on Moderngov (Agenda Item 9)
Last updated 03 February 2026