Budget 2023/24

The council's proposed budget for 2023/24 will be considered by Scrutiny Committee on Tuesday 31 January.

You can find out on this page how the budget is considered, where the council's income comes from, what we will be doing in response to the public consultation and how the council plans to be spending your money in the coming year.
   

Budget summary

The proposed budget shows a Council Tax Requirement of £6,694,027, which is equivalent to £171.61 for a band D property, representing a £5.00 increase on the 2022/23 amount.

The Council is required by statute to set a balanced budget in advance of each financial year.

This will be achieved for 2023/24 by the use of £4.457 million of reserves. Whilst we have sufficient reserves to fund this deficit for at least the next 2 years, we will need identify ongoing savings and reduce this deficit in the medium term. This is dealt with in more detail within our Medium Term Financial Strategy 2023-2028 (PDF) [1MB]

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How the budget will be considered

The budget proposals will be considered at 3 meetings where the proposals will be formally considered.

Budget consultation

A budget consultation was undertaken between 21 September and 31 October 2022. We sought the views of residents, partners and those who work within the district as it began the process of setting the budget for the 2023/24 financial year. A total of 145 responses were received.

The consultation asked for views on the our corporate priorities, and the future resourcing of specific service areas. We also asked for feedback regarding whether the UDC share of council tax represents value for money.

Corporate plan priorities

The percentage of respondents who 'somewhat agree' or 'definitely agree' that these priorities are the right ones for 2023/24:

  • Putting residents first - 90%
  • Active place-maker for our towns and villages - 76%
  • Progressive custodian of our rural environment - 81%
  • Champion for our district - 80%

Value for money

56% of respondents 'strongly agree' or 'tend to agree' that the council provides value for money.

27% 'strongly disagree' or 'tend to disagree' (with the remainder answering 'neither agree nor disagree' or 'don't know').

Council services

The services which ranked highest in terms of respondents classifying them as 'very important' or 'fairly important' were:

  • refuse and recycling collection - 96%
  • action to develop cleaner neighbourhoods and to tackle environmental crime such as fly tipping - 92%
  • pollution control - 90%

Read the Budget consultation report 2023-2024 [740KB].
 

Funding the budget

The budget lays out how much we plan to spend on each of our main services (net of fees and charges). We collect some of this money through Council Tax, but we have other sources of income from sources such as Localised Business Rates Retention (BRR), New Homes Bonus (NHB), Rural Services Delivery Grant (RSDG) and from investments.

How Uttlesford District Council calculates Council Tax

We (Uttlesford District Council) collect your Council Tax and put it into a separate fund called the collection fund. We share this fund with Essex County Council, Essex Police, Fire and Crime Commissioner and the parish and town councils. These components of your Council Tax are called "precepts".

More information on .

Fees

We generate some income from the fees we charge for services.

Business Rates (NNDR)

Business rates (National Non-domestic Rates) are charged on most non-domestic properties, like shops, offices, pubs, warehouses, factories, holiday rental homes or guest houses.
 

How Uttlesford District Council spends the budget

This shows how much we (Uttlesford District Council) plan to spend on each of our main services and where we get our income.
 

General Fund Budget

2022/23

Original Budget

£'000

2022/23

Current Budget

£'000

2023/24

Original Budget

£'000

Increase/ (Decrease)

 

£'000

Service portfolios

 

 

 

 

Communities & Partnerships

1,066

1,066

1,317

251

Housing & Economic Development

2,699

2,699

2,815

116

Environmental Services

5,812

5,812

5,846

34

Finance & Administration

7,765

7,946

9,273

1,327

Subtotal-Serviceportfolios

17,342

17,523

19,251

1,728

Investment property

(5,658)

(5,658)

(760)

4,898

Corporate items

 

 

 

 

Capital financing

1,849

4,136

2,441

(1,695)

Net recharges to Housing Revenue Account (HRA)

(1,747)

(1,747)

(1,967)

(220)

Other corporate items

426

426

542

116

Subtotal - Corporate items

528

2,815

1,016

(1,799)

External funding

 

 

 

 

Retained business rates (including S31 grants)

(3,774)

(3,774)

(5,272)

(1,498)

Collection fund (surplus)/deficit

(559)

(559)

249

808

Government grants

(3,217)

(3,217)

(3,333)

(116)

Subtotal-Externalfunding

(7,550)

(7,550)

(8,356)

(806)

Subtotal - Net operating expenditure

4,662

7,130

11,151

4,021

Transfers to/(from) earmarked reserves

1,742

(726)

(4,457)

(3,731)

Total-Counciltaxrequirement

6,404

6,404

6,694

290

Council tax

(6,404)

(6,404)

(6,694)

(290)

(Surplus)/deficit

-

-

-

-

 

Further details are set out in the General Fund and Council Tax 2023/24 report (PDF) [997KB] to Scrutiny. In this, the budget summary provides details on the funding of each of the council's services.

Other documents

Capital Strategy 2023-2024 (PDF) [867KB]

Commercial Strategy 2023-2028 (PDF) [2MB]

Treasury Management Strategy 2023-2024 [901KB]