What is Council Tax and how much is it

Find out about Council Tax, how much it is, and how the money is spent.

The council's finances

How we calculate the council tax requirement for Croydon services.

Total £'000
Budget requirement361,267
Paid for by: 
Revenue support grant-17,818
Collection fund deficit-1,798
Business rates top up grant-38,146
Business rates income-43,744
  
Council tax requirement for Croydon services-259,761
Greater London Authority (GLA)-64,601
Total council tax324,361
2023/24307,337
Change17,025

Council tax increase 2024/25

 Individual element increasedOverall impact on council taxPer annum £Per week £
Croydon services2.99%2.99%53.981.04
Social care levy2.00%2.00%36.110.69
GLA services8.58%8.58%37.260.72
  5.69%127.352.45

Council tax bands 2024/25

BandProportion of Band DCroydon services £Adult Social Care Precept £GLA Total £
A6/91,094.86168.81314.271,577.94
B7/91,277.34196.95366.641,840.93
C8/91,459.81225.08419.022,103.91
D11,642.29253.22471.402,366.91
E11/92,007.24309.49576.162,892.89
F13/92,372.20365.76680.913,418.87
G15/92,737.15422.03785.673,944.85
H18/93,284.58506.44942.804,733.82

Summary of council spending

The table below compares the net cost of providing your services in 2024/25 with 2023/24.

Revenue spending refers to the day to day running costs of the authority.

Service2023/24
current net
£'000		2024/25
  Growth
£'000		Savings
£'000		Other
£'000		net
£'000
Children, Young People & Education101,400 --2,972-23698,192
Adult Social Care & Health142,940 4,530-5,000-1,050141,420
Housing21,750 --1,9894,032 23,793
Sustainable Communities, Regeneration & Economic Renewal73,945 1,028-1,353492 74,112
Assistant Chief Executive43,831 3,708 -4,245-63942,655
Resources38,250 2,186-6,6722,582 36,346
Net cost of services422,116    416,518
Corporate Items-18,627   -35,045 
Levies from other bodies1,453    1,502 
Net Interest Payable29,669    31,642 
Net operating expenses434,611    414,617 
Appropriations     
Contributions to / (from) earmarked reserves-13,726    - 
Provision for repayment of external loans28,250    27,440 
Capital Charges-45,224    -42,790 
Capitalisation Direction-63,000    -38,000 
Budget Requirement340,911    361,267 

Manage your council tax online

Find out more about how to pay and manage your council tax online. You can switch to paperless billing, set up Direct Debit, check your balance, instalments and payments, and view your bills online 24 hours a day.