Council Tax Explained 2022

The Council has agreed a budget for 2022/23, and is planning to invest a total of £168million into providing services for the people of Blaenau Gwent.

The agreed budget will increase funding for Social Services (£1.7m), Schools (£3.9m) and Environmental Services (£0.8m) to fund cost pressures, and has also maintained its budget for the Council Tax Reduction Scheme at £10m to provide financial assistance to eligible local residents.

For the next financial year, the Council has recognised the impact the rising cost of living is having on already stretched household budgets, and has agreed that the Council Tax levied by Blaenau Gwent CBC will not increase in 2022 - 23. 

The impact of the Coronavirus pandemic has meant that 2021/22 has been another difficult year for everyone, although we hope that in 2022/23, there will be a continued return to business for the services the Authority currently provides.

The Council will continue to monitor budgets closely throughout 2022/2023 and for the medium term, the Council is continuing with its strategic financial programme, called “Bridging the Gap”, which will enable it to plan its spending in line with its funding. Within this framework the Council will be looking at further ways to achieve reduced costs and increase income, whilst mitigating the impact on services.

Budget proposals for future years will be developed using a “One Council”  approach, undertaking a series of reviews and consultations to inform options

Your Council Tax Bill 2022/2023

Comparison of 2021/2022 and 2022/2023 Estimated Net Revenue Expenditure.

Portfolio

2021/ 2022

2022/ 2023

% Increase

 

£000

£000

 

Corporate Services

4,281

4,601

7.47%

Financial Management & Strategy

14,210

14,321

0.78%

Social Services

46.087

49,655

7.74%

Infrastructure

5,254

6,156

7.74%

Active Living and Learning

60,874

65,014

17.17%

Economy

1,550

1,324

-14.58%

Environment

16,424

18,559

13.00%

Planning & Licensing

1,384

1,538

11.13%

Other

7,068

6,544

-7.41%

Total Net Revenue Expenditure

157,153

167,712

 


How the Budget is Funded

Comparison of 2021/2022 and 2022/2023 Estimated Net Revenue Expenditure.

Funding Source 2022 / 2023
  £000 %
Council Tax 36,918 22.0
Revenue Support Grant 105,616 63.0
Reserves 0 0
NNDR 25,180 15.0
Total
167,714
100.0

Capital Expenditure

In 2022/2023 the Council estimates that its total Capital Expenditure will be as follows:

2021 / 2022 2022 / 2023
  £000 £000
Other Services £28,700 £73,260
Total
£28,700
£73,260

Estimated Financial Reserves

Revenue Reserves – dedicated general reserves are estimated to stand at £12.6 million at the year end.

Standard Spending Assessments

The Councils Standard Spending Assessment for 2022/2023 has been determined by the National Assembly for Wales as £151,083,000 for 2021/22 and £162,716,000 for 2022/2023.

The Authority’s budget requirement for the year 2021/2022 £151,131,000 the budget requirement for 2022/2023 is £167,714,000.

Council Tax for each area 2022/2023

Band/ Community A B C D E F G H I
Abertillery 1,422.83 1,659.97 1,897.11 2,134.25 2,608.53 3,082.80 3,557.08 4,268.50 4,979.92
Brynmawr 1,398.26 1,631.30 1,864.35 2,097.39 2,563.48 3,029.56 3,495.65

4,194.78

4,893.91
Nantyglo & Blaina 1,402.21 1,635.91 1,869.62 2,103.32 2,570.73 3,038.12 3,505.53 4,206.64 4,907.75
Tredegar 1,400.88 1,634.36 1,867.84 2,101.32 2,568.28 3,035.23 3,502.20 4,202.64 4,903.08
Ebbw Vale / Cwm / Beaufort 1,381.43 1,611.67 1,841.91 2,072.15 2,532.63 2,993.10 3,453.58 14,144.30 4,835.02

Precepts and Levies

The following bodies have precepted upon Blaenau Gwent CBC:

2021/2022
£
Band D or
Equivalent
£
2022/2023
£

Band D
Equivalent

£

5,987.866 287.96 Gwent Police 6,342.390 303.80
190,000 40.75 Abertillery and Llanhilleth Town Council 289,000 62.10
43,000 25.34 Brynmawr Town Council 43,000 25.24
84,700 31.25 Nantyglo and Blaina Town Council 84,700 31.17
138,401

29.42

Tredegar Town Council 138,401 29.17

The following bodies have levied the sums indicated on the Council

Organisation 2021/2022 2022/2023 % Increase
Brecon Beacons National Park 32,130 32,130 0
Fire Service 3,481,840 3,547,672 1.89
Coroner's Court 103,603 125,123 16.25
Total
3,621,600
3,704,925
2.30