Appendix 1 – 2024-25 Management Budget
Perth and Kinross Council · 18 September 2024
Back to Finance and Resources Committee — 18 September 2024 and its agenda
Text extracted from the council's PDF. Layout and reading order may differ from the original.
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(1) (2) (3) (4) (5) (6) (7) (8) (9) (10) 2024/25 Previously Issues Movements Virements Movements 2024/25 Projected Variance Variance Council Approved Arising in in Revised Outturn to to Approved Adjustments From Funding Reserves Mgt Revised Revised Budget (Net) 2023/24 Budget Mgt Mgt Accounts Budget Budget £'000 £'000 £'000 £'000 £'000 £'000 £'000 £'000 £'000 % SECTION 1 Service Budgets Education & Learning 166,774 (3,605) 1,626 472 (50) 131 165,348 166,221 873 0.5% Children, Families & Justice 25,284 5 1,300 26,589 26,589 0 0.0% Economy, Development & Planning 13,925 593 2,646 193 17,357 17,357 0 0.0% Environment & Infrastructure 34,642 110 146 34,898 34,898 0 0.0% Housing & Communities 17,878 250 2,233 178 20,539 20,529 (10) (0.0%) Property Services 65,471 115 5 462 66,053 66,739 686 1.0% Legal & Governance 4,381 142 50 4,573 4,613 40 0.9% Customer & Digital Services 10,302 958 347 11,607 11,794 187 1.6% Strategic Planning, People & Performance 5,948 1,166 62 7,176 7,132 (44) (0.6%) Projects & Programmes 131 178 309 309 0 0.0% Finance & Business Support 8,227 331 50 80 8,688 8,338 (350) (4.0%) Directorate Core Costs 1,003 373 1,376 1,396 20 1.5% Sub - Total: Service Budgets 353,966 65 7,956 472 0 2,054 364,513 365,915 1,402 0.4% SECTION 2 Corporate Budgets Health & Social Care 87,498 6,764 138 1,102 95,502 95,502 0 0.0% Contribution to Valuation Joint Board 1,466 1,466 1,466 0 0.0% Capital Financing Costs 16,628 1,864 18,492 18,492 0 0.0% Interest on Revenue Balances (5,411) (68) (5,479) (5,479) 0 0.0% Net Contribution to/(from) Capital Fund 6,710 (1,796) 4,914 4,914 0 0.0% Contribution to/(from) Insurance Fund 200 200 200 0 0.0% Trading Operations Surplus (550) (550) (550) 0 0.0% Support Service External Income (2,238) (2,238) (2,238) 0 0.0% Tayside Pension Fund 1,655 1,655 1,711 56 3.4% Apprenticeship Levy 956 956 956 0 0.0% Leadership and procurement targets (1,505) (1,505) (1,505) 0 0.0% Council Tax Reduction Scheme 7,400 7,400 7,550 150 2.0% Discretionary Relief 1,104 1,104 1,104 0 0.0% Net Expenditure (General Fund) 467,879 6,829 8,094 472 0 3,156 486,430 488,038 1,608 0.33% SECTION 3 Funding Revenue Support Grant (275,985) (4,266) (1,042) (281,293) (281,293) 0 0.0% Ring Fenced Grant (3,806) (3,806) (3,806) 0 0.0% Non Domestic Rate Income (65,152) (203) (65,355) (65,355) 0 0.0% Council Tax Income (107,517) (107,517) (107,517) 0 0.0% Capital Grant (1,600) (139) (1,739) (1,739) 0 0.0% Total Financing (454,060) (4,608) 0 (1,042) 0 0 (459,710) (459,710) 0 0.0% Financed from/(returned to) Reserves 13,819 2,221 8,094 (570) 0 3,156 26,720 28,328 1,608 PERTH & KINROSS COUNCIL GENERAL FUND 2024/25 REVENUE BUDGET - SUMMARY APPENDIX 1