Financial Data
Information & guidance
The net budget requirement for 2023/24 is estimated at £20.755 million, an increase of £2.717 million, on last year’s budget.
| Thanet District Council | Gross Expenditure 23/24 £’000 |
Total Income 23/24 £’000 |
Net cost 23/24 £’000 |
Net cost 22/23 £’000 |
|---|---|---|---|---|
| Cultural and Related services | 4,123 | (781) | 3,342 | 3,505 |
| Environment and Regulatory Services | 12,515 | (4,446) | 8,069 | 8,020 |
| Planning Services | 10,884 | (9,536) | 1,348 | 1,752 |
| Highways, roads and transport services | 8,878 | (9,027) | (149) | 141 |
| Housing Services | 43,474 | (40,618) | 2,856 | 2,430 |
| Council Tax collection costs, benefits & business rates | 2,884 | (1,392) | 1,492 | 1,124 |
| Corporate and democratic costs | 1,323 | (165) | 1,158 | 1,158 |
| Non-Distributed Costs | 26,516 | (23,877) | 2,639 | (92) |
| Total: General Fund | 110,597 | (89,842) | 20,755 | 18,038 |
| Housing Revenue Account (HRA) | 18,504 | (17,068) | 1,436 | 1,593 |
| Totals 2023/24 | 129,101 | (106,910) | 22,191 | 19,631 |
| 2022/23 Comparison | 112,401 | (94,091) | 18,310 |
| General Fund Income 2023/24 | £’000 |
|---|---|
| Planned spending 2023/24 | 110,597 |
| Less income 2023/24 | (89,842) |
| Net cost of services | 20,755 |
| Less, from the Government –
Settlement Funding Assessment Collection fund (surplus) / deficit |
(9,377) 312 |
| Remaining amount to collect | 11,690 |
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