Budget information
The below table reflects the budget as agreed by Cumberland Council in March 2024. The full budget report is available on the council website.
Where your money goes
| Directorate | Gross 2023 to 2024, £m | Net 2023 to 2024, £m | Gross 2024 to 2025, £m | Net 2024 to 2025, £m |
|---|---|---|---|---|
| Assistant Chief Executive | 2.891 | 2.812 | 3.145 | 3.067 |
| Business Transformation and Change | 56.752 | 13.663 | 31.925 | 23.594 |
| Resources - includes provision for pay-award, inflation and corporate contingency that will be allocated to directorates or services during the year | 150.785 | 82.344 | 156.527 | 84.542 |
| Place, Sustainable Growth and Transport | 93.123 | 67.516 | 106.453 | 68.285 |
| Public Health and Communities | 20.282 | 5.024 | 20.557 | 4.503 |
| Adult Social Care and Housing | 137.830 | 68.095 | 159.895 | 73.607 |
| Children and Family Wellbeing | 251.079 | 63.594 | 270.547 | 72.147 |
| Chief Executive | 0.231 | 0.231 | 0.233 | 0.233 |
| Revenue Budget | 712.973 | 303.279 | 749.282 | 329.713 |
| Parish precept | 4.954 | 4.954 | 5.735 | 5.735 |
| Revenue budget-including parish precept | 717.927 | 308.233 | 755.017 | 335.713 |
| Less Council Tax from parish precept | na | (4.954) | na | (5.735) |
| Less: planned use of earmarked balances / general fund / EFS | na | (11.723) | na | (10.964) |
| Revenue Budget Requirement | na | 291.556 | na | 319.014 |
| Income stream | 2023 to 2024, £m | 2024 to 2025, £m |
|---|---|---|
| General grants | (55.589) | (61.977) |
| Collection fund surplus/(deficit) - council tax | 0.930 | 0.353 |
| National Non Domestic Rates (NNDR) aka Business Rates Retention (BRR) funding | (88.306) | (92.504) |
| Collection fund surplus/(deficit) - NNDR | 6.807 | 3.566 |
| Less: planned use of earmarked balances - NNDR | (2.515) | (5.000) |
| Council Tax requirement | 152.883 | 163.452 |
| Item | 2023 to 2024 | 2024 to 2025 |
|---|---|---|
| Council Tax base | 88,328.60 | 89,966.79 |
| Council Tax Band D for Cumberland Council (Council Tax requirement/council tax base) | £1,730.84 | £1,816.80 |
Changes to Council Tax requirement
| Item | £m | Net £m |
|---|---|---|
| Council Tax requirement 2023 to 2024 | na | 152.883 |
| Net growth in service expenditure | 26.99 | na |
| Add growth due to one-off use of balances to finance expenditure in 2023 to 2024 | 11.723 | na |
| Less planned use of balances/EFS to finance service expenditure in 2024 to 2025 | (10.964) | na |
| Growth in Revenue Budget Requirement | na | 27.458 |
| Less increase in government grants | (6.388) | na |
| Less reduction in Collection Fund deficits (net of earmarked balances) | (6.303) | na |
| Less increase in NNDR income | (4.198) | na |
| Growth in financing | na | (16.889) |
| Council Tax requirement | na | 163.452 |