Budget 2025/26
For businesses
- Please see our Rate Payer Information 2025-26 [PDF 131KB]
Revenue spending
Revenue spending covers the day-to-day running costs of our services, such as waste collection, planning and leisure. Most of our money goes on our staff or contractors who provide these services for the community and the running costs of buildings, offices, vehicles and other facilities.
For 2025/26 our revenue budget requirement (the amount funded by the Council Tax), excluding town and parish council requirements is £7.75 million (for 2024/25 it was £7.3 million).
A copy of the budget setting report, approved on the 3rd March 2025, is available below:
Revenue Budget Report 2025-26 [PDF 1,321KB]
Medium-Term Financial Plan
The Council’s Medium Term Financial Plan (MTFP) sets out in broad terms the anticipated future spending requirements. This takes account of current and known additional requirements. The quantified additional requirements are based on the planned intentions of the Council and any future impact of decisions already implemented, but cannot be conclusive as other changes will undoubtedly occur over time. The current MTFP (approved on 3rd March 2025 for 2024/25 to 2029/30) is shown in the file below:
Medium-Term Financial Plan 2024-25 to 2029-30 [PDF 241KB]
Medium- Term Financial Strategy
The Council's Medium-Term Financial Strategy (MTFS) sets out the Council's strategic approach to the management of its finances and provides a framework within which decisions can be made regarding future service provision and council tax levels. The current MTFS (approved on 3rd March 2025 for 2025/26 to 2029/30) is shown in the file below:
Medium-Term Financial Strategy 2025-26 to 2029-30 [PDF 1,141KB]
Capital spending
Capital spending is on assets that have a benefit beyond one year, such as acquiring or improving land, buildings, plant, machinery & vehicles, as well as the making of grants & advances in respect of such items. A copy of the Capital Programme, that was approved on 3rd March 2025, is shown below:
