Appendix 7 – General Fund Balances
Perth and Kinross Council · 18 September 2024
Back to Finance and Resources Committee — 18 September 2024 and its agenda
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Appendix 7 General Fund Reserves Update Proposals Included in Report Proposals Included in Report Commit- ments 31/3/24 24/25 25/26 26/27 24/25 Future Balance £m £m £m £m £m £m £m £m General Fund Balance 83.793 Balances Held Under Statute / Regulation - Service Concessions (17.262) 7.000 10.262 0.000 - Revenue Grants (17.337) 0.100 7.832 (9.405) - Council Tax Income for affordable housing (5.609) 0.157 (0.283) (0.283) 0.048 (5.970) - Developers Contributions: Affordable Housing (5.237) (5.237) - Car Parking (1.532) 0.120 0.030 (1.382) - Developers Contributions: Commuted Sums (1.218) (1.218) - Devolved School Management (0.501) 0.239 0.262 0.000 Sub total (48.696) 7.616 (0.283) (0.283) 8.142 0.000 10.292 (23.212) Balances Held for Specific (Previously Approved) Purposes - Services for Children, Young People & Families (0.281) 0.281 0.000 - School Estate (2.164) 1.589 0.313 (0.262) - Culture (0.857) 0.370 0.191 0.025 (0.271) - School Counsellors (0.329) 0.227 0.102 0.000 - Works Maintenance (0.200) (0.200) - Modern Apprentice Scheme (0.367) 0.340 0.027 0.000 - Project Feasibility Fund (Covid-19) (0.081) 0.040 (0.041) - Cemetery Walls (0.262) 0.076 0.076 0.074 0.036 0.000 - PH20 (0.062) 0.062 0.000 - Working Smarter (Covid-19) (0.115) 0.115 0.000 - Community Resilience (0.175) 0.039 (0.136) - Climate Change (0.205) 0.110 (0.095) - Ventilation Measures (0.076) 0.076 0.000 - Salix (0.102) 0.102 0.000 Approved Contributions from / (to) Reserves
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Appendix 7 General Fund Reserves Update Proposals Included in Report Proposals Included in Report Commit- ments 31/3/24 24/25 25/26 26/27 24/25 Future Balance £m £m £m £m £m £m £m £m Approved Contributions from / (to) Reserves - Local Area Partnerships (0.046) 0.046 0.000 - Community Investment Fund (0.087) 0.087 0.000 - Local Government Elections (0.053) (0.053) (0.053) (0.053) 0.212 0.000 - Financial Assistance (Mod) (0.020) (0.020) (0.020) (0.020) (0.080) - Council Approved Expenditure (1.635) 1.127 0.059 0.129 (0.320) - Feasibility 0.000 (0.100) (0.100) (0.100) (0.300) Sub total (7.117) 4.062 0.005 (0.173) 0.775 0.000 0.743 (1.705) Balances Held for Other Purposes 0.000 - Transformation & Workforce Management (7.606) 1.538 0.860 0.953 (4.255) - Anti - Poverty (1.664) 0.575 0.235 0.300 0.070 (0.484) Sub total (9.270) 2.113 1.095 0.000 1.253 0.000 0.070 (4.739) Earmarked Reserves (65.083) 13.791 0.817 (0.456) 10.170 0.000 11.105 (29.656) Uncommitted General Fund Balance 18.710 Use of unearmarked Reserves in setting Budgets (2.249) (25/26 £(0.503m); 26/27 £2.476m Impact of Current Year Projected Outturn (1.608) Impact of Current Year Decisions (0.080) Updated Uncommitted General Fund Balance 14.773 Percentage of Net Revenue Budget 3.2%