Expenditure to be met by Council Tax 2017/18 2018/19 £000 Per Band D Council Tax is made up as £000 Per Band D Household follows: Household 6,451 376.04 Oadby and Wigston Precept 6,197 359.10 (Gross) 0 0.00 Less Government Grant (Revenue 0 0.00 Support Grant) (1,801) (104.96) Settlement Funding Assessment (1,620) (93.87) (360) (20.98) Other General Grants (606) (35.10) (94) (5.48) Extra Business Rates Income 0 0 (Pooling) (90) (5.25) Extra Business Rates Income 0 0 (Economic Development) (408) (23.77) New Homes Bonus (339) (19.62) (40) (2.32) Share of Business Rates (Surplus) 139 8.06 Deficit (28) (1.65) Share of Collection Fund (Surplus) (10) (0.60) Deficit 3,631 211.63 and Wigston Precept (Net) 3,762 217.97 20,113 1,172.38 Leicestershire County Council 21,444 1,242.60 Precept 3,212 187.23 Office of Police and Crime 3,438 199.23 Commissioner Precept 1,078 62.84 Leicestershire Fire and Rescue 1,117 64.71 Precept 28,034 1,634.08 Total 29,761 1,724.51 Comparing Expenditure 2017/18 with 2018/19 The Council to increase its net expenditure £000 £000 requirement by £254,000, the main reason for which are: Net Expenditure 2017/18 6,451 Increased Capital Finance Costs 58 Decrease in Fees and Charges Income 118 6,627 Decrease in Costs of Services (107) Increased use of Earmarked Reserves (378) Decrease use of General Reserves 55 (430) Net Expenditure 2018/19 6,197
Expenditure to be met by Council Tax 2017/18 2018/19 £000 Per Band D Household Council Tax is made up as follows: £000 Per Band D Household 6,451 376.04 Oadby and Wigston Precept (Gross) 6,197 359.10 0 0.00 Less Government Grant (Revenue Support Grant) 0 0.00 (1,801) (104.96) Settlement Funding Assessment (1,620) (93.87) (360) (20.98) Other General Grants (606) (35.10) (94) (5.48) Extra Business Rates Income (Pooling) 0 0 (90) (5.25) Extra Business Rates Income (Economic Development) 0 0 (408) (23.77) New Homes Bonus (339) (19.62) (40) (2.32) Share of Business Rates (Surplus) Deficit 139 8.06 (28) (1.65) Share of Collection Fund (Surplus) Deficit (10) (0.60) 3,631 211.63 and Wigston Precept (Net) 3,762 217.97 20,113 1,172.38 Leicestershire County Council Precept 21,444 1,242.60 3,212 187.23 Office of Police and Crime Commissioner Precept 3,438 199.23 1,078 62.84 Leicestershire Fire and Rescue Precept 1,117 64.71 28,034 1,634.08 Total 29,761 1,724.51 Comparing Expenditure 2017/18 with 2018/19 The Council to increase its net expenditure requirement by £254,000, the main reason for which are: £000 £000 Net Expenditure 2017/18 6,451 Increased Capital Finance Costs 58 Decrease in Fees and Charges Income 118 6,627 Decrease in Costs of Services (107) Increased use of Earmarked Reserves (378) Decrease use of General Reserves 55 (430) Net Expenditure 2018/19 6,197
Council%20Tax%20Information%202018%20leaflet.docx