The council’s spending plans for 2022 to 2023 were approved at the council meeting on 24 February 2022.

Preparations for the council’s 2022 to 2023 budget started last September. Once again, over the course of the autumn there was real uncertainty around the ongoing impact of COVID and the level of the government’s financial support for local authorities to deal with this and other challenges that existed before the pandemic.

The spending review announcement on 27 October provided a degree of clarity around how local government funding overall would fare in the 3 years from 2022 to 2023. However funding for individual councils has only been announced for a single year, with a promise of significant changes from 2023 to 2024 to grant distribution. 

With the government’s Levelling Up agenda aiming to bolster the struggling economies in less prosperous areas, authorities like Bracknell Forest in the south-east are inevitably looking at these future changes with some trepidation.

This, coupled with pressures on our service spending totalling £12 million from rising demand and inflation, has meant we have had to work particularly hard to deliver a balanced and sustainable budget this year. As always, in proposing savings of almost £2.5 million we have focused on minimizing any impact on important, front-line services. We are drawing over £1 million from our reserves to help achieve that.  

After being able to limit the council tax last year to well below the level permitted, we are having to raise it by 4.49% this year. This is £1.21 per week for a typical Band D property. This increase is simply to allow us to continue to provide adequate support to the most vulnerable people in our community.

We recognise that any increase is unwelcome and for some households, unaffordable. For this reason, working age households in receipt of council tax support will see a £100 reduction in their tax bill in 2022 to 2023. This is being funded by Bracknell Forest Council. It is completely separate and in addition to other measures being taken by the government in relation to energy costs.

View our annual accounts

The following documents are our annual statement of accounts:

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The financial statements include:

  • the statement of accounts
  • the narrative report (called the explanatory foreword, before 2015 to 2016)
  • independent auditor’s report
  • annual governance statement

Important information regarding the 2020 to 2021 financial statements

The external audit of the draft statement of accounts for the year ended 31 March 2021 has not yet been completed by our external auditors Ernst and Young LLP. This is due to the delay in completing the audit of the financial year ending 31 March 2020 and subsequent rescheduling of the audit of the financial year ending 31 March 2021. This situation is allowed for by Regulation 10, paragraph (2a) of the Accounts and Audit Regulations 2015.

This notification explains, as per paragraph (2a), that we are not yet able to publish our audited 2020 to 2021 final statement of accounts in line with deadline of 30 September 2021, as per paragraph (1) of the regulations. The Governance and Audit Committee will consider the results of the 2020 to 2021 audit at its meeting on 26 January 2022, after which we will publish the final audited accounts.

Treasury management reports

Further documents

If you have any queries regarding these documents, or would like to see older accounts, please contact us.