SHAPING THE FUTURE

Warwickshire's budget

On 2 February 2017 Warwickshire County Council agreed a medium term financial plan covering the period 2017-2020. This medium term financial plan will underpin the delivery of our One Organisation Plan 2020 and we will continue to review our medium term revenue position during the course of the plan.

The plan outlines how we will invest in Warwickshire’s future so the economy is vibrant and we can use the proceeds from that to ensure our most vulnerable citizens are safe.

The amount of money we have available to provide services will be in the region of £395 million by 2020. A year by year breakdown is presented in more detail here and includes an annual increase in Council Tax each year of 1.99% plus an extra 2% levy specifically for adult social care.

Council tax

Council tax remains the biggest source of income and the development of the 2017-2020 Plan continues to provide the opportunity to take a longer term approach to setting the level of council tax.


We have identified that over the three years of the plan we must deliver savings of £67 million. The savings have been identified from all areas of activity and will be delivered in a phased manner over the three years

More information about council tax is available here: www.warwickshire.gov.uk/counciltaxspending 

Overall predicted council revenue position

 

17/18

£m

18/19

£m

19/20

£m

Revenue support grant 20 10 -
Business rates 61 63 65
Other Government grants1 41 44 49
Adult social care levy (2% year on year increase) 10 15 20
Council Tax (1.99 % year on year increase)2 247 254 261
Total revenue resource 379 386 395

1 Other Government Grants included here are New Homes Bonus, Better Care Fund, Public Health Grant, Education Services Grant and Local Services Grants. Dedicated Schools Grant is excluded.
2 Council Tax figures assume a 0.75% year-on-year increase in tax base in future years
3 Figures may be amended following decisions taken on the Budget in February 2017

 

 


The 2014/15 Agreed Revenue and Capital Budget is available here. This includes the 2014/15 - 2017/18 savings plan.


The 2015/16 Revenue Budget is available here. 

This was agreed by county council at their meeting on 5 February 2015.


 The 2016/17 Revenue Budget is available here.

This was agreed by county council at their meeting on 4 February 2016.


 The 17/18 Revenue Budget is available here


 

 

 

 

 

Warwickshire NewsFor the latest news from Warwickshire County Council visit www.warwickshire.gov.uk/news