Spending plans

Revenue Income and Expenditure

Revenue income and expenditure relates to the day to day running costs of the business such as employees, supplies and services, premises, etc.  Total spending and income by service area is as follows:

2017/18

Service Gross Expenditure Income Net Spending
  £m £m £m
Central Services to the Public 7.01 -5.05 1.96
Environmental Services 24.71 -13.27 11.44
Cultural Services 14.15 -5.39 8.76
Planning Services 8.87 -14.84 -5.97
Highways, Roads and Transport Services 11.45 -9.66 1.79
Housing Services 88.83 -84.90 3.93
Other Services and Transfers 33.83 -34.67 0.84
  188.85 -167.78 21.07
Contribution (from)/ to balances 0
Total needed for current spending 21.07

2016/17

Service Gross Expenditure Income Net Spending
  £m £m £m
Central Services to the Public 6.39 -4.65 1.75
Environmental Services 27.04 -12.22 14.82
Cultural Services 13.62 -5.3 8.32
Planning Services 8.53 -14.37 -5.84
Highways, Roads and Transport Services 9.97 -9.07 0.89
Housing Services 88.98 -84.86 4.12
Other Services and Transfers 30.28 -34.56 -4.28
  184.82 -165.03 19.78
Contribution (from)/ to balances 0
Total needed for current spending 19.78

 

 

 The difference in the spending need between years can be explained as follows:

Difference in spending from 2016/17 to 2017/18 
  £m
2016/17 spending 19.85
2017/18 planned expenditure 20.67
Increase in spending 0.81
   
Changes in spending explained
  £m
Inflation 0.06
Pressures & Service Enhancements 2.39
Efficiencies and Savings -1.67
Contingencies -0.36
Changes in use of balances 0.39
Net Increase 0.81

Capital Spending

Capital investment seeks to provide long-term funding for the Council's priorities and operational requirements.  Expenditure for capital purposes therefore gives rise to new assets or increases the value and/or useful life of existing assets.  Planned Capital Expenditure for 2017/18 alone is in the region of £62m.

 
Scheme Type 2017/18
  £'000
Carbon Reduction & Environmental Improvements 3,534
Improvements for disabled people 1,025
Community and Leisure Facilities 6,894
ICT Investment 1,100
Car Parks 2,675
Major Redevelopments 5,529
Flood Alleviation 1,441
Vehicle Replacement 1,430
Renovation Grants & Private Sector Housing 100
Homelessness Property Acquisitions 11,250
Council Housing Refurbishment (Including the Oxford Standard) 13,900
Acquisition of Investment Properties 3,260
New Build Housing 4,325
Great Estates programme 5,700

62,163

 

We can provide this information in a printed format on request.