We are budgeting to spend approximately £436m on revenue and capital, in line with the council’s priorities contained within the Torbay Corporate Plan. The Council Tax requirement for the provision of services within Torbay will be £78m.

The Corporate Plan and the Council’s key financial documents relating to the 2022/23 revenue and capital budgets are available on our finance pages

Torbay Council Budget 2022/23

We have set a basic amount of Council Tax for 2022/23 based on its gross expenditure and income.  For Torbay Council this results in a 2.99%* increase.

The following table shows expenditure and income for each class of service.

Expenditure and income for each class of service for 2020/2021
Service Expenditure £m Income £m Net expenditure £m
Adult Social Care 55 (15) 40
Children’s Services** 102 (55) 47
Public Health 12 (2) 10
Corporate Services 69 (60) 9
Place 51 (36) 15
Finance 27 (32) 5
Net Budget 316 (200) 116
General funding 0 (44) (44)
Total 316 (244) 72

Full details of the 2022/23 service budgets can be found on the Council webpage at: -

Budget 2022/23 - Torbay Council

* The Referendum Principles for 2022/23 allows local authorities (with adult social care responsibilities) to raise the council tax precept, for Torbay Council this is 1%, this precept is to be spent on Adult Social Care.  Torbay Council has included the 1% amount in the 2.99% Council Tax increase for 2022/23.

**The Dedicated Schools Grant for 2022/23 included in income is approximately £47m

***The gross expenditure and income figures included in the above table are linked to the budget digest information presented to Council in February, which are prior to any adjustments to comply with CIPFA and central government reporting requirements

Why our Council Tax requirement has changed

There has been an increase of £5m in the Council’s net revenue budget. Increased inflation and national insurance contributions total £4m and £1m is expenditure specifically related to the Adult Social Care precept.

2022/2023 Council tax

The amounts to be raised by Council Tax for Torbay Council, Devon & Somerset Fire & Rescue Authority and Police & Crime Commissioner for Devon & Cornwall are applicable to all Torbay residents. The Parish Precept is only applicable to residents in the Brixham Town Council area. If applicable this will be detailed on your Council Tax demand.

Amount to be raised by Council Tax 2022/23
Details Excluding Parish Precept £000 Parish Precept £000 Including Parish Precept £000
Torbay Council 78,072 0 78,072
Police and Crime Commissioner for Devon & Cornwall 11,390 0 11,390
Devon & Somerset Fire & Rescue Authority 4,240 0 4,240
Brixham Town Council 0 380 3580
Total Amount to be raised 93,702 380 94,082
Changes in amount per Band D property compared year on year
Organisation/Details 2021/22 2022/23 2022/23 % Change
Torbay Council £1,641.00 £1,690.06 2.99
Police and Crime Commissioner for Devon & Cornwall £236.56 £246.56 4.23
Devon & Somerset Fire & Rescue Authority £90.00 £91.79 1.99
Sub-total £1967.56 £2,028.41 3.09
Brixham Town Council (only payable by Brixham residents) £58.09 £61.37 5.65
Total £2,025.65 £2,089.78 3.17

The amount per Band D Property is used to calculate the Council Tax requirements for all the Valuation Bands as follows:

Valuation bands
Details Band A Band B Band C Band D Band E Band F Band G Band H
Ratio of each band to Band D 6/9 7/9 8/9 9/9 11/9 13/9 15/9 18/9
Torbay Council £1,126.71 £1,314.49 £1,502.28 £1,690.06 £2,065.63 £2,441.20 £2,816.77 £3,380.12
Police and Crime Commissioner for Devon & Cornwall £164.37 £191.77 £219.16 £246.56 £301.35 £356.14 £410.93 £493.12
Devon & Somerset Fire & Rescue Authority £61.19 £71.39 £81.59 £91.79 £112.19 £132.59 £152.98 £183.58
Aggregate of Council Tax requirements ex. Town Council £1,352.27 £1,577.65 £1,803.03 £2,028.41 £2,479.17 £2,929.93 £3,380.68 £4,056.82
Brixham Town Council (BTC) £40.91 £47.73 £54.55 £61.37 £75.01 £88.65 £102.28 £122.74
Aggregate of Council Tax requirements including BTC £1,393.18 £1,625.38 £1,857.58 £2,089.78 £2,554.18 £3,018.58 £3,482.96 £4,179.56

Capital Programme

We plan to spend £114m on capital projects during 2022/23 to maintain and improve the Council’s service delivery.  Over the period 2021/22 to 2024/25 the Council plans to spend £288m on capital projects. The capital programme will be funded primarily from a combination of external borrowing, grants, and sales of assets.

The significant areas of spend in 2022/23 include regeneration projects including Town Deal and Future High Street projects, social care facilities, major highways schemes, and schools related projects.  Other significant projects include affordable housing, repairs on infrastructure and flood defence schemes.