How your Council Tax is calculated
The Council Tax for Thanet District Council is worked out by looking at what money is needed to run the services we provide, based on what we have set as our budget for the coming year.
The total amount of Council Tax we need to collect is identified as the difference between the budget we need and the money we already have to spend on services. This is shown in the table below:
| Budget Summary | 2024/25 £’000 | 2023/24
£’000 |
Diff % | Per band D property £ |
| Net Budget 2023/24 | 21,412 | 17,902 | 19.61% | |
| Inflation | 1,990 | 2,244 | ||
| Increases in income and grants | (234) | (610) | ||
| Contribution to / from reserves | (705) | (657) | ||
| Growth | 1,079 | 2,728 | ||
| Identified savings | (790) | (852) | ||
| Net Budget 2024/25 | 22,752 | 20,755 | 9.62% | |
| Less: | ||||
| Retained Business Rates and Section 31 Grants | (9,469) | (8,060) | ||
| Government Revenue Support Grant | (382) | (358) | ||
| New Homes Bonus | (228) | (415) | ||
| Other Grants | (755) | (544) | ||
| (10,834) | (9,377) | 15.54% | ||
| Plus (or less) | ||||
| Collection fund deficit (or surplus) | 312 | 312 | ||
| Expenditure to be met by Council Tax payers | 12,226 | 11,693 | ||
| Divided by equivalent number of Band D properties | 46,454 | 45,759 | ||
| Thanet Tax level (Band D) | 263.18 | 255.54 | 2.99% | |
| Add | ||||
| Parish Council precepts | 56.39 | 52.95 | ||
| Kent County Council precept | 1,610.82 | 1,534.23 | ||
| Kent Police Authority precept | 256.15 | 243.15 | ||
| Kent & Medway Fire and Rescue Authority’s precept | 89.91 | 87.30 | ||
| Council Tax level (Band D) | 2,276.45 | 2,173.17 | 4.75% | 103.28 |
Loan Liabilities – The Council’s total outstanding borrowings from external organisations on 31 March 2024 were estimated at £77.317m
The Council Tax for Thanet District Council is worked out by looking at what money is needed to run the services we provide, based on what we have set as our budget for the coming year.
The total amount of Council Tax we need to collect is identified as the difference between the budget we need and the money we already have to spend on services. This is shown in the table below:
| Budget Summary | 2023/24 £’000 |
2022/23 £’000 |
Difference % |
Per Band D property £ |
|---|---|---|---|---|
| Net Budget | 17,902 | 16,720 | 7.07% | |
| Inflation | 2,244 | 963 | ||
| Increases in income and grants | (610) | (172) | ||
| Contribution to / from reserves | (657) | 136 | ||
| Growth | 2,728 | 1,058 | ||
| Identified savings | (852) | (667) | ||
| Total | 20,755 | 18,038 | 15.06% | |
| Less: | ||||
| Retained Business Rates and Section 31 Grants | (8,060) | (6,119) | ||
| Government Revenue Support Grant | (358) | (103) | ||
| New Homes Bonus | (415) | (549) | ||
| Other Grants | (544) | (575) | ||
| (9,377) | (7,346) | 27.65% | ||
| Plus (or less) | ||||
| Collection fund deficit (or surplus) | 312 | 468 | ||
| Expenditure to be met by Council Tax payers | 11,693 | 11,160 | ||
| Divided by equivalent number of Band D properties | 45,759 | 44,975 | ||
| Thanet Tax level (Band D) | 255.54 | 248.13 | 2.99% | |
| Add | ||||
| Parish Council precepts | 52.95 | 50.48 | ||
| Kent County Council precept | 1,534.23 | 1,461.24 | ||
| The Police and Crime Commissioner for Kent precept | 243.15 | 228.15 | ||
| Kent & Medway Fire and Rescue Authority’s precept | 87.30 | 82.35 | ||
| Council Tax level (Band D) | 2,173.17 | 2,070.35 | 4.97% | 102.82 |
Loan Liabilities – The Council’s total outstanding borrowings from external organisations on 31 March 2023 were estimated at £48.157 million.
PermalinkThe Council Tax for Thanet District Council is worked out by looking at what money is needed to run the services we provide, based on what we have set as our budget for the coming year.
The total amount of Council Tax we need to collect is identified as the difference between the budget we need and the money we already have to spend on services. This is shown in the table below:
| Budget Summary | 2022/23 £’000 |
2021/22 £’000 |
Difference % |
Per Band D property £ |
|---|---|---|---|---|
| Net Budget | 16,720 | 16,982 | -1.54% | |
| Inflation | 963 | 569 | ||
| Increases in income and grants | (172) | (200) | ||
| Contribution to / from reserves | 136 | (1) | ||
| Growth | 1,058 | 680 | ||
| Identified savings | (667) | (865) | ||
| Total | 18,038 | 17,165 | 5.09% | |
| Less: | ||||
| Retained Business Rates and Section 31 Grants | (6,119) | (5,910) | ||
| Government Revenue Support Grant | (103) | (100) | ||
| New Homes Bonus | (549) | (125) | ||
| Other Grants | (575) | (965) | ||
| (7,346) | (7,100) | 3.46% | ||
| Plus (or less) | ||||
| Collection fund deficit (or surplus) | 468 | 671 | ||
| Expenditure to be met by Council Tax payers | 11,160 | 10,736 | ||
| Divided by equivalent number of Band D properties | 44,975 | 44,155 | ||
| Thanet Tax level (Band D) | 248.13 | 243.13 | 2.06% | |
| Add | ||||
| Parish Council precepts | 50.48 | 48.68 | ||
| Kent County Council precept | 1,461.24 | 1,418.76 | ||
| The Police and Crime Commissioner for Kent precept | 228.15 | 218.15 | ||
| Kent & Medway Fire and Rescue Authority’s precept | 82.35 | 80.82 | ||
| Council Tax level (Band D) | 2,070.35 | 2,009.54 | 3.03% | 60.81 |
Loan Liabilities – The Council’s total outstanding borrowings from external organisations on 31 March 2022 were estimated at £34,455 million.
PermalinkThe Council Tax for Thanet District Council is worked out by looking at what money is needed to run the services we provide, based on what we have set as our budget for the coming year.
The total amount of Council Tax we need to collect is identified as the difference between the budget we need and the money we already have to spend on services. This is shown in the table below:
| Budget Summary | 2021/22 £’000 |
2020/21 £’000 |
Difference % |
Per Band D property £ |
|---|---|---|---|---|
| Net Budget | 16,982 | 16,643 | 2.04% | |
| Inflation | 569 | 808 | ||
| Increases in income and grants | (200) | (208) | ||
| Contribution to / from reserves | (1) | 86 | ||
| Growth | 680 | 561 | ||
| Identified savings | (865) | (822) | ||
| Total | 17,165 | 17,068 | 0.57% | |
| Less: | ||||
| Business Rates – share of central pool | (5,910) | (5,910) | ||
| Government Revenue Support Grant (inc S31 + Transition Grant) | (100) | (100) | ||
| New Homes Bonus | (125) | (118) | ||
| Other Grants and additional Business Rates income | (965) | (212) | ||
| (7,100) | (6,340) | 11.99% | ||
| Plus (or less) | ||||
| Collection fund deficit (or surplus) | 671 | (120) | ||
| Expenditure to be met by Council Tax payers | 10,736 | 10,608 | ||
| Divided by equivalent number of Band D properties | 44,155 | 44,546 | ||
| Thanet Tax level (Band D) | 243.13 | 238.14 | 2.10% | |
| Add | ||||
| Parish Council precepts | 48.68 | 48.66 | ||
| Kent County Council precept | 1,418.76 | 1,351.26 | ||
| The Police and Crime Commissioner for Kent precept | 218.15 | 203.15 | ||
| Kent & Medway Fire and Rescue Authority precept | 80.82 | 79.29 | ||
| Council Tax level (Band D) | 2,009.54 | 1,920.50 | 4.64% | 89.04 |
Loan liabilities – The Council’s total outstanding borrowings from external organisations on 31 March 2021 were estimated at £41,025 million.
Permalink
The Council Tax for Thanet District Council is worked out by looking at what money is needed to run the services we provide, based on what we have set as our budget for the coming year.
The total amount of Council Tax we need to collect is identified as the difference between the budget we need and the money we already have to spend on services. This is shown in the table below:
| Budget Summary | 2020/21 £’000 |
2019/20 £’000 |
Difference % |
Per Band D property £ |
|---|---|---|---|---|
| Net Budget 2020/21 | 16,643 | 16,800 | -0.93% | |
| Inflation | 808 | 408 | ||
| Increases in income and grants | (208) | (190) | ||
| Contribution to / from reserves | 86 | 0 | ||
| Growth | 561 | 675 | ||
| Identified savings | (822) | (1,050) | ||
| Net Budget 2020/21 | 17,068 | 16,643 | 2.55% | |
| Less: | ||||
| Business Rates – share of central pool | (5,910) | (5,245) | ||
| Government Revenue Support Grant (inc S31 + Transition Grant) | (100) | (97) | ||
| New Homes Bonus | (118) | (586) | ||
| Other Grants and additional Business Rates income | (212) | (410) | ||
| (6,340) | (6,338) | 0.03% | ||
| Plus (or less) | ||||
| Collection fund deficit (or surplus) | (120) | (100) | ||
| Expenditure to be met by Council Tax payers | 10,608 | 10,205 | ||
| Divided by equivalent number of Band D properties | 44,546 | 43,763 | ||
| Thanet Tax level (Band D) | 238.14 | 233.19 | 2.12% | |
| Add | ||||
| Parish Council precepts | 48.66 | 42.20 | ||
| Kent County Council precept | 1,351.26 | 1,299.42 | ||
| The Police and Crime Commissioner for Kent precept | 203.15 | 193.15 | ||
| Kent & Medway Fire and Rescue Authority precept | 79.29 | 77.76 | ||
| Council Tax level (Band D) | 1,920.50 | 1,845.72 | 4.05% | 74.78 |
Loan liabilities – the council’s total outstanding borrowings from external organisations on 31 March 2020 were estimated at £40,643 million.
Permalink
The Council Tax for Thanet District Council is worked out by looking at what money is needed to run the services we provide, based on what we have set as our budget for the coming year.
The total amount of Council Tax we need to collect is identified as the difference between the budget we need and the money we already have to spend on services. This is shown in the table below:
| Budget Summary | 2019/20 £’000 |
2018/19 £’000 |
Difference % |
Per band D property £ |
|---|---|---|---|---|
| Net Budget 2018/19 | 16,800 | 18,079 | -7.07% | |
| Inflation | 408 | 400 | ||
| Increases in income and grants | (190) | (390) | ||
| Contribution to / from reserves | 0 | 0 | ||
| Growth | 675 | 1,468 | ||
| Identified savings | (1,050) | (2,757) | ||
| Net Budget 2019/20 | 16,643 | 16,800 | -0.93% | |
| Less: | ||||
| Business rates – share of central pool | (5,245) | (5,670) | ||
| Government Revenue Support Grant (inc S31 + Transition Grant) |
(97) | (104) | ||
| New Homes Bonus | (586) | (1,011) | ||
| Other grants and additional business rates income | (410) | 0 | ||
| (6,338) | (6,785) | -6.59% | ||
| Plus (or less) | ||||
| Collection fund deficit (or surplus) | (100) | (300) | ||
| Expenditure to be met by Council Tax payers | 10,205 | 9,715 | ||
| Divided by equivalent number of Band D properties | 43,763 | 42,905 | ||
| Thanet Tax level (Band D) | 233.19 | 226.44 | 2.98% | |
| Add | ||||
| Parish Council precepts | 42.20 | 40.46 | ||
| Kent County Council precept | 1,299.42 | 1,237.68 | ||
| The Police and Crime Commissioner for Kent precept | 193.15 | 169.15 | ||
| Kent & Medway Fire and Rescue Authority’s precept | 77.76 | 75.51 | ||
| Council Tax level (Band D) | 1,845.72 | 1,749.24 | 5.52% | 96.48 |
Loan liabilities – the council’s total outstanding borrowings from external organisations on 31 March 2019 were estimated at £30,456,000
Permalink
The Council Tax for Thanet District Council is worked out by looking at what money is needed to run the services we provide, based on what we have set as our budget for the coming year.
The total amount of Council Tax we need to collect is identified as the difference between the budget we need and the money we already have to spend on services. This is shown in the table below:
| Budget Summary |
2018/19 |
2017/18 |
Difference |
Per band D property |
|---|---|---|---|---|
| Net Budget 2017/18 | 18,079 | 19,159 | -5.64 | |
| Inflation | 400 | 500 | ||
| Increases in income and grants | -390 | -290 | ||
| Contribution to / from reserves | 0 | -490 | ||
| Growth | 1,468 | 570 | ||
| Identified savings | -2,757 | -1,860 | ||
| Net Budget 2018/19 | 16,800 | 17,589 | -4.49 | |
| Less: | ||||
| Business Rates – share of central pool | -5,670 | -4,716 | ||
| Government Revenue Support Grant (inc S31 + Transition Grant | -104 | -1,446 | ||
| New Homes Bonus | -1,011 | -1,877 | ||
| -6,785 | -8,039 | -15.60 | ||
| Plus (or less) | ||||
| Collection fund deficit (or surplus) | -300 | -300 | ||
| Expenditure to be met by Council Tax payers | 9,715 | 9,250 | ||
| Divided by equivalent number of Band D properties | 42,905 | 42,069 | ||
| Thanet Tax level (Band D) | 226.44 | 219.87 | 2.99 | |
| Add | ||||
| Parish Council precepts | 40.46 | 32.88 | ||
| Kent County Council precept | 1,237.68 | 1,178.82 | ||
| The Police and Crime Commissioner for Kent precept | 169.15 | 157.15 | ||
| Kent & Medway Fire and Rescue Authority’s precept | 75.51 | 73.35 | ||
| Council Tax level (Band D) | 1,749.24 | 1,662.07 | 5.24 | 87.17 |
Loan liabilities – the council’s total outstanding borrowings from external organisations on 31 March 2018 were estimated at £31,086,000
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