Revenue Budget 2021/2022 and Capital Programme 2020/21 To
Revenue Budget 2021/2022 and Capital Programme 2020/21 to 2024/2025 SUNDERLAND CITY COUNCIL REVENUE ESTIMATES 2021/2022 GENERAL SUMMARY Revised Estimate Estimate 2021/22 2020/21 £ £ 4,944,539 Leader 4,956,734 55,085,259 Deputy Leader 52,605,465 14,206,989 Cabinet Secretary 12,074,665 80,284,655 Children, Learning and Skills 72,671,385 15,398,047 Vibrant City 14,027,457 106,357,223 Healthy City 89,883,012 6,183,485 Dynamic City 5,195,462 2,913,405 Provision for Contingencies 12,414,359 0 Provision for COVID-19 Contingencies 13,582,617 Capital Financing Costs 25,432,670 - Debt Charges 22,079,518 (580,000) - Interest on balances (580,000) (1,253,000) - Interest on Airport long term loan notes (1,253,000) Transfer to/from Reserves 0 - Use of Medium Term Planning Smoothing Reserve (2,288,000) - Contribution to/Use of COVID-19 Section 31 Business Rates Reliefs (19,838,349) 19,838,349 Reserve 335,304 - Collection Fund Surplus Reserve 2,211,264 (33,058,423) Technical Adjustments: IAS19 and Reversal of Capital Charges (33,676,024) 296,088,502 244,066,565 LEVIES 14,916,061 North East Combined Authority Transport Levy 14,864,859 230,998 Environment Agency 230,998 63,357 North East Inshore Fisheries Conservation Authority 63,357 15,210,416 15,159,214 Less Grants (18,134,423) Improved Better Care Fund (18,134,423) (10,248,830) Social Care Support Grant (13,861,106) (27,399,917) Section 31 Grants – Business Rates (7,803,828) (2,069,869) New Homes Bonus (1,517,738) (13,781) Inshore Fisheries Conservation Authority (13,781) 0 Lower Tier Services Grant (498,714) (29,659,000) COVID-19 General Grants (12,582,617) (87,525,820) TOTAL NET EXPENDITURE / LOCAL BUDGET REQUIREMENT (54,412,207) 67,776 Hetton Town Council 66,836 223,840,874 TOTAL BUDGET REQUIREMENT 204,880,408 Deduct Grants etc.
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