Where the money comes from

Where the money comes from

Source Proportion
 Council tax payers 50%
 Formula grant (from government) 47%
 Council tax freeze grant 3%

The funding the council receives from government will reduce by £70 million over four years to 2014/5.

Projected decline in council budget

Financial Year Projected budget spend
2010/11 £400 million
2011/12 £372 million
2012/13 £351 million
2013/14 £345 million
2014/15 £330 million