COUNCIL tax payments do not make up all of the council’s funding.

The budget also benefits from business rates, government grants and a number of council interests.

At the moment the council is part of a Greater Manchester-wide business rate retention pilot.

From 2020 the council will get to keep 75 per cent and a business rate revaluation is also expected.

In 2019/20 Bolton Council expects to get £92,225,000 from business rates with an additional £20,580,000 from the government’s business rates top up.

Prior to the pilot the government collected all business rates and redistributed them in the form of grants.

The government gives local authorities additional funding solely for schools in the form of the direct schools grant which is £186,957,000 this year.

Councils also receive a government settlement which has been diminishing in recent years. As part of this in 2019/20 the council is receiving £3.8m for social care and £1.35m for potholes.

Councils in Greater Manchester have interests in Manchester Airport and the council expects to receive £5,090,000 from dividends, rents and interest payments.