Welcome to where it all happens. This page shows in some detail how the Council gets its money, how much it gets and where it all goes. This financial statement is made public at the end of each calendar year through these pages.
This is a summary of the Council's main revenue account covering income and expenditure on all services.
Expenditure on Services Gross Expend: £'000; Income: £'000; Net Expend: £'000;
Cultural Services:
886 (180) 706
Environmental Services:
8,285 (2,549) 5,736
Planning and Development Services:
7,714 (6,017) 1,697
Recreation and Sport:
4,097 (915) 3,182
Tourism ;
1,257 (429) 828
Community Development:
4,344 (3,320) 1,024
Other:
2,098 (271) 1,827
Highways - Parking
2,302 (3,059) (757)
Transportation - Concessionary Fares
768 0 768
Other:
824 (448) 376
Housing Benefits:
45,001 (44,793) 208
Housing - other than Council housing:
4,650 (2,288) 2,362
Central Services to the Public
1,592 (787) 805
Corporate and Democratic Core Expenses
3,101 (1) 3,100
Non Distributed Costs
787 (183) 604
Other Funds
0 (78) (78)
87,706 (65,318) 22,388
(Surplus) / Deficit on Trading Undertakings: (1,828)
Gains and losses on Disposal of Fixed Assets: (232)
Interest and Investment Income: (1,268)
Interest Payable: 898
Pensions Interest Cost and Expected Return on Pensions Assets: (109)
Government Grants: (1,601)
Distribution from Non Domestic Rate Pool: (8,045)
Amount met from Collection Fund: (6,055)
(surplus) / deficit for the year: 4,148
Change in the General Fund Balance for the year analysed between Surplus/(deficit) for the year on the Income and Expenditure Account: (4,148)
Net additional amount required by statute and non-statutory proper practices to be credited to the General Fund Balance for the year:
4,226 78
Net Surplus
78
General Fund Balance brought forward: 861
General Fund Balance carried forward: 939
Change in the General Fund Balance for the year analysed between Surplus/(deficit) for the year on the Income and Expenditure Account: (4,148)
Net additional amount required by statute and non-statutory proper practices
to be credited to the General Fund Balance for the year:
4,226 78
Net Surplus
78
General Fund Balance brought forward: 861
General Fund Balance carried forward: 939
The Income and Expenditure Account shows the Council's actual financial performance for the year, measured in terms of the resources consumed and generated over the last 12 months. In calculating the General Fund balance the deficit of £4.148m is reduced by £4.226m leaving a net surplus on year of £78,000. This is because the authority is required to raise council tax on a different basis, the main differences being:
The Council's capital spend during the year included an investment in new office accommodation for Housing and Community Development Services in St Leonards, an extension to the Hastings Museum and Art Gallery and the start of improvements and refurbishments to the seafront. Investment was maintained in the town's property with money spent on conservation and renovation grants and the provision of social housing.
Other land and buildings:
Office Accommodation
1,310
Museum Extension
900
Cliff Railways
224
Bank Buildings Refurbishments
135
Other
16 2,585
Long Term Beach Management and Groyne Refurbishment
86
Travellers' Site
40
Sea Front Strategy
325
SRB Regeneration Initiatives
45
Other
19 515
Vehicles, Plant and Equipment
40
Software and Systems / Project Evaluation:
91
Cliff Stabilisation Works
19
West Marina Area Regeneration
127
Allotment Regeneration
84
St Leonards Gardens / West Lodge
283
Country Park
64
Other Parks, Gardens, Recreation Grounds and Public Open Spaces
64
Playground Enhancement and Games Areas
187
Decorative Lighting
133
Turner' Painting of the Old Town
250
Other
54 1,265 4,496
Factory Unit Refurbishments
24
Other
2 26
Conservation Grants
180
Renovation and Disabled Facilities Grants
984
Affordable Housing Grants
300
Renewal Areas
896
Empty Properties Strategy
175
Other
145 2,680
Loan: 2,461
Capital Receipts (proceeds of the sale of fixed assets): 1,687
Grant Receipts: 3,024
Use of Reserves: 30
From Revenue: 0
The Council as billing authority for Council Tax and Business Rates is required to maintain a collection fund to receive all income from these sources. Payments out include sums required by the precepting authorities (East Sussex County Council, the Police Authority and the Fire Authority) and the Council's own needs together with our contribution to the national business rate pool.
Income from Council Tax Payers
32,701
Transfers from General Fund re Council Tax Benefit awarded
8,482
Total from Council Tax
41,183
Income collected from old system Community Charge
1
Income collected from Business Ratepayers
16,077
Total Income
57,261
East Sussex County Council Precept on Collection Fund
29,123
Sussex Police Authority Precept on Collection Fund
3,357
East Sussex Fire Authority Precept on Collection Fund
2,038
Hastings Borough Council Demand on Collection Fund
6,054
Payment to National Pool
15,952
Cost of Collection
125
Write offs of Uncollectable Council Tax
0
Provision for Uncollectable Council Tax - addition to the sum required
2,502
Movement on Fund Balance - (surplus) / deficit
1,890
Balance b/f
(361)
Deficit for the year
1,890
Balance c/f
1,529
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This page last updated: 19/12/2007