How your Council Tax is spent
Contents
How Colchester will fund its services
Council Tax provides part of the funding needed by Colchester City Council, Essex County Council, fire and rescue and the police to provide their services. Authorities also retain a share of Business Rates and may recieve a Revenue Support Grant and other government grants.
Your Council Tax band ranges from A to H and is based on property valuations. Band A is 6/9 of the Band D tax and Band H is twice the Band D tax.
The total amount needed by all organisations for the next financial year is £130,116,108. If your home is in Band D, your Council Tax for this year will be £1,975.49. You may also need to pay your local parish council.
The amount of Council Tax that Colchester City Council is to levy is £14,411,485.
Your Council Tax band ranges from A to H and is based on property valuations. Band A is 6/9 of the Band D tax and Band H is twice the Band D tax.
The total amount needed by all organisations for the next financial year is £130,116,108. If your home is in Band D, your Council Tax for this year will be £1,975.49. You may also need to pay your local parish council.
| Amount needed | Council Tax for each property in Band D | |
|---|---|---|
| Colchester City Council | 14,411,485.00 | 217.92 |
| Essex County Council | 100,687,954.00 | 1,522.53 |
| Fire and rescue | 5,463,826.00 | 82.62 |
| Police | 16,296,247 | 246.42 |
| Total (not including town and parish councils | 136,859,512.00 | 2,069.49 |
The amount of Council Tax that Colchester City Council is to levy is £14,411,485.
| Description | Value (£) |
|---|---|
| Budgeted net expenditure 2024/25 | 24959 |
| Add: Contribution to reserve | 153 |
| Subtract: Collection fund deficit (Council Tax) | -15 |
| Subtract: Collection fund surplus (Business Rates) | -569 |
| Net expenditure (to be financed) | 24529 |
| Less: Retained Business Rates | -6975 |
| Less: External financing | -3142 |
| Council Tax requirement | 14,411 |
Page last reviewed: 10 March 2023