Council budget

Medium Term Financial Plan

We are committed to providing the best possible services for everyone in South Tyneside. This Medium Term Financial Plan outlines our approach to setting out our financial future. This document also sets the Council's budget.

Council budget 2018 - 2023 (Medium Term Financial Plan)1.38MB

Adult social care funding

The Secretary of State Communities and Local Government has made an offer to adult social care authorities.

What are adult social care authorities?

'Adult social care authorities' are local authorities which have functions under Part 1 of the Care Act 2014, namely county councils in England, District Councils for an area in England for which there is no County Council, London Borough Councils, the Common Council of the City of London and the Council of the Isles of Scilly.

What is the offer?

The offer is the option of an adult social care authority being able to charge an additional "precept" on its Council Tax for the financial year beginning in 2016 without holding a referendum, to assist the authority in meeting expenditure on adult social care.

Subject to the annual approval of the House of Commons, the Secretary of State intends to offer the option of charging this precept at an appropriate level in each financial year up to and including the financial year 2019-20

South Tyneside Council

The table below shows the budget of South Tyneside Council for 2018/19 and details the reasons behind any changes from the previous year. It demonstrates the amount of money that the council needs to raise through Council Tax.

In total Council Tax payers will contribute £57.7m towards the running of South Tyneside Council. This is equivalent to £1,507.58 per Band D Council Tax payer. £1.100m of the additional council tax raised in 2018/19 will go towards specifically funding Adult Social Care.

Last Year 2017/18 Net Expenditure £m	South Tyneside Council	This Year 2018/19
Last Year 2017/18 Net Expenditure £m		Gross Expenditure £m	Gross Income £m	Net Expenditure £m
80.7	Childrens Adults and Health	240.7	-157.5	83.2
12.0	Business and Resources	131.9	-121.7	10.2
23.8	Economic Regeneration	60.4	-37.6	22.8
116.5				116.1
116.5	TOTAL EXPENDITURE			116.1
	Levies
8.4	North East Combined Authority Transport			8.2
0.1	Enviroment Agency			0.1
125.0	TOTAL BUDGET REQUIREMENT			124.4
	Less
-71.3	Revenue Support Grant and Redistributed Business Rates			-67.0
-0.5	Other Government Grants			0.0
-1.0	Collection Fund Surplus			-1.0
2.0	Change in Use of Reserves			1.3
54.2	NET BUDGET REQUIREMENT			57.7
95.8	Dedicated Schools Grant			91.0
	Explanatory Note
	Change in Total Budget Requirement between years is attributable to:
	Inflation and Increased Costs			10.7
	Efficiencies and New Models of Delivery			-11.3