Budget

The council’s spending plans for 2021 to 2022 were approved at the council meeting on 24 February 2021.

Preparations for our 2021 to 2022 budget started last September. Over the course of the autumn there was real uncertainty around the ongoing impact of COVID-19 and the level of government financial support for local authorities to deal with this. Our draft budget proposals for the following year were published for consultation on 15 December 2020. It was only after this that we received confirmation of our funding levels.

It is fair to say that the government’s response has been helpful. We have received additional funding related to the service pressures and income losses we are experiencing due to COVID-19. In addition, some specific grants that were expected to end in 2020 to 2021 have been continued into next year. As a result, we have some unexpected one-off financial flexibility.

Councillors have decided to use this to help protect all essential front-line services and to develop a package of measures to help residents and businesses start to recover from the pandemic. This includes support for our local economy including our town centres, recognising their important role in employment and the wider economy and for vulnerable groups.

For core services, savings of over £3 million have been identified to help offset pressures (many related to COVID-19) totalling over £8 million. There is also an increase of 3.49% for Bracknell Forest’s element of the Council Tax. This is significantly lower than the maximum permitted increase of 4.99% but will add 91 pence per week to a Band D bill. We recognise that any increase is unwelcome and for some households may be unaffordable. For this reason, working age households in receipt of Council Tax Support will see a £150 reduction in their tax bill in 2021 to 2022.

View our annual accounts

The following documents are our annual statement of accounts:

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.

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