Appendix 6 – General Fund Balances
Perth and Kinross Council · 24 April 2024
Back to Finance and Resources Committee — 24 April 2024 and its agenda
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Appendix 6 General Fund Reserves Update Proposals Included in Report Proposals Included in Report Commit- ments 31/3/23 23/24 24/25 25/26 23/24 24/25 Balance £m £m £m £m £m £m £m £m General Fund Balance 70.046 Balances Held Under Statute / Regulation - Revenue Grants (15.947) 9.755 (6.192) - Council Tax Income for affordable housing (4.353) 0.112 0.157 (0.283) (4.367) - Developers Contributions: Affordable Housing (4.298) (4.298) - Car Parking (1.512) 0.120 0.250 (1.142) - Developers Contributions: Commuted Sums (1.242) (1.242) - Devolved School Management (0.722) 0.722 0.000 Sub total (28.074) 10.589 0.277 (0.283) 0.000 0.000 0.250 (17.241) Balances Held for Specific (Previously Approved) Purposes - Services for Children, Young People & Families (2.139) 1.858 0.281 0.000 - Contribution to 2023/24 Revenue Budget (1.699) 1.699 0.000 - School Estate (2.063) 0.724 1.589 (0.805) (0.555) - Learning Estate Decants (0.700) 0.700 0.000 - Culture (1.172) 0.091 0.370 0.236 0.204 (0.271) - Financial Insecurity (0.680) 0.680 0.000 - School Counsellors (0.556) 0.227 0.227 0.102 0.000 - Works Maintenance (0.400) 0.200 (0.200) - Modern Apprentice Scheme (0.340) 0.000 0.340 0.000 - Project Feasibility Fund (Covid-19) (0.279) 0.211 0.040 (0.028) - Cemetery Walls (0.271) 0.009 0.126 0.119 (0.017) - Perth and Kinross Offer (0.252) 0.252 0.000 - PH20 (0.212) 0.150 (0.062) - Working Smarter (Covid-19) (0.194) 0.079 0.115 0.000 - UCI Cycling World Championships (0.180) 0.180 0.000 Approved Contributions from / (to) Reserves
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Appendix 6 General Fund Reserves Update Proposals Included in Report Proposals Included in Report Commit- ments 31/3/23 23/24 24/25 25/26 23/24 24/25 Balance £m £m £m £m £m £m £m £m Approved Contributions from / (to) Reserves - Community Resilience 0.000 (0.175) (0.175) - Climate Change (0.153) 0.153 (0.110) 0.110 0.000 - Ventilation Measures (0.114) 0.090 (0.024) - Salix (0.113) 0.025 0.088 0.000 - Local Area Partnerships (0.090) 0.030 (0.060) - Community Investment Fund (0.089) 0.051 (0.038) - Grounds Maintenance ( A9/A85) (0.060) 0.060 0.000 - Local Government Elections 0.000 (0.053) (0.053) (0.053) 0.159 0.000 - Financial Assistance (Mod) 0.000 (0.020) (0.020) (0.020) (0.060) - Council Approved Expenditure 0.000 (0.653) 0.653 (0.474) 0.474 0.000 Sub total (11.756) 6.568 3.173 0.148 (1.153) 1.039 0.491 (1.490) Balances Held for Other Purposes 0.000 - Transformation & Workforce Management (9.530) 2.528 0.356 0.060 0.056 1.182 1.000 (4.348) - Anti - Poverty (2.193) 0.529 0.575 0.035 (1.054) Sub total (11.723) 3.057 0.931 0.095 0.056 1.182 1.000 (5.402) Earmarked Reserves (51.553) 20.214 4.381 (0.040) (1.097) 2.221 1.741 (24.133) Uncommitted General Fund Balance 18.493 Impact of Current Year Projected Outturn 1.373 Commitments from unearmarked Reserves (3.008) Updated Uncommitted General Fund Balance 16.858 Percentage of Net Revenue Budget 3.7%