Budget 2022/23

The council's budget for 2022/23 was approved by Council on 22 February 2022.

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

Budget summary

Uttlesford District Council's budget for 2022/23 was approved at Full Council on 22 February 2022.

The Uttlesford District Council part of  the Council Tax will be increased to give a total Council Tax yield of £6,403,772.

The increase will cost a Band D property an extra £5 per year, taking the total Uttlesford precept for this type of property from £161.61 in 2021/22 to £166.61 in 2022/23.

How the budget was approved

The budget proposals were considered at three meetings where the proposals were formally approved.

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.

Funding breakdown

  • Commercial investments - 26%
  • Business Rates - 20%
  • Government Funding - New Homes Bonus - 6%
  • Government funding - other - 9%
  • Funded from UDC reserves - 9%
  • Council Tax - 30%

Budget 2022/23 breakdown of the council's funding

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". In every pound (£) that we collect:

  • 71p goes to Essex County Council
  • 11p goes to the Police, Fire & Crime Commissioner - Policing and community safety
  • 9p goes to Uttlesford District Council
  • 5p goes (on average) to town and parish councils
  • 4p goes to the Police, Fire & Crime Commissioner - Fire & Rescue Authority

Council Tax 2021/22 who gets what

More information on how the Council Tax bill was calculated for 2022/23.

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.
 

 

£'000

2021/22

Original budget

2021/22

Current budget

2022/23

Original budget

 

Increase / (decrease)

Direct service budgets

 

 

 

 

Net service expenditure

15,736

15,736

17,341

1,606

Corporate items

 

  

 

Capital financing and MRP

3,626

4,922

5,131

210

Recharge to HRA

(1,552)

(1,552)

(1,747)

(195)

Investment income

(6,928)

(6,928)

(11,774)

(4,846)

Borrowing cost

1,814

1,814

2,835

1,020

Other corporate items

422

422

425

3

Net expenditure

(2,618)

(1,322)

(5,130)

(3,808)

Funding

 

  

 

New Homes Bonus Grant

(2,823)

(2,823)

(1,343)

1480

Business Rates Retention

2,721

2,721

(4,368)

(7,089)

Rural Services Grant

(293)

(293)

(293)

(1)

Other government grants

(890)

(890)

(1,552)

(662)

Council Tax - Collection Fund

55

55

6

(49)

 

(1,230)

(1,230)

(7,550)

(6,320)

Net Operating Expenditure

11,888

13,184

4,662

(8,522)

Net transfers to/(from) other earmarked reserves

(5,729)

(7,025)

1,742

8,767

Council Tax requirement

6,159

6,159

6,404

245

Council Tax (precept levied on Collection Fund)

(6,159)

(6,159)

(6,404)

(245)

 

0

0

0

0

Expenditure

Breakdown of our net expenditure:

  • Communities and Partnerships - 5%
  • Environmental Services - 26%
  • Finance and Administration - 31%
  • Housing and Economic Development - 10%
  • Capital financing - 9%
  • Other corporate costs - 2%
  • Contributions to reserves - 17%

Budget 2022/23 breakdown of the council's net service expenditure

Further details are set out in the General Fund and Council Tax 2022/23 report (PDF) [997KB] to Council. In this, the budget summary provides details on the funding of each of the council's services.

Other documents

Capital Strategy 2022-2023 (PDF) [867KB]

Commercial Strategy 2022-2027 (PDF) [2MB]

Medium Term Financial Strategy 2022-2027 (PDF) [1MB]

Treasury Management Strategy 2022-2023 [901KB]