The council's services are financed from a number of sources, including:
- government grants
- a share of National Business Rates
- Council Tax
- fees and charges
- rent
The council's financial year runs from 1 April to 31 March. Each February the council agrees a budget based on its estimates of income and expenditure and sets the level of tax required for the coming financial year.
Cambridgeshire County Council and the Fire and Police Authorities do the same, and the total is collected by the city council on their behalf.
Performance against budget is monitored during the year to ensure that financial targets are met.
All local authorities are required to publish an Annual Statement of Accounts which summarises actual financial performance.
If you require any further information on the council's finances or help interpreting the documents then please contact:
Julia Minns
Head of Accounting Services
Telephone 01223 458134
Email julia.minns@cambridge.gov.uk
