Budget information

The Revenue Budget

Prior to the start of each financial year, the council is required to set a budget for day-to-day expenditure during the year. This is called the revenue budget and is the amount of money the council requires to provide its services during the year taking into account grants it receives from the government. Examples of revenue expenditure include employee salaries and the cost of providing the refuse collection service.

The Capital Programme

The council also has a capital budget called the Capital Programme. Capital expenditure is usually of a "one-off" nature, and results in the construction or improvement of an asset such as a building or other community facility e.g. Didcot town centre redevelopment. This type of expenditure is paid for by money the council has saved in previous years, the proceeds from selling council assets (such as pieces of land), interest received on investments, contributions from building developers and specific government grants.

It is a legal requirement of the council to set a balanced budget, i.e. the expenditure cannot be more than the council's income.

Council tax booklets

The council produces a booklet every year which gives information about the services provided and the budget to pay for them. This current booklet (2012/13) can be downloaded below, as well as booklets from previous years:

• Council Tax booklet 2012/13 (2.9 MB)
• Council Tax booklet 2011/12 (35.8 KB)
• Council Tax booklet 2010/11 (129.6 KB)