Appendix 1 – 2024/25 Management Budget
Perth and Kinross Council · 20 November 2024
Back to Finance and Resources Committee — 20 November 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) 2024/25 Previously Movements Virements Movements 2024/25 Projected Variance Variance Council Approved in in Revised Outturn to to Approved Adjustments Funding Reserves Mgt Revised Revised Budget (Net) Budget Mgt Mgt Budget Budget £'000 £'000 £'000 £'000 £'000 £'000 £'000 £'000 % SECTION 1 Service Budgets Education & Learning 166,774 (1,663) 59 (30) 165,140 166,304 1,164 0.7% Children, Families & Justice 25,284 1,248 412 (15) 26,929 26,929 0 0.0% Economy, Development & Planning 13,925 3,456 72 40 162 17,655 17,715 60 0.3% Environment & Infrastructure 34,642 371 18 35,031 34,501 (530) (1.5%) Housing & Communities 17,878 2,637 140 280 20,935 20,840 (95) (0.5%) Property Services 65,471 992 48 66,511 67,160 649 1.0% Legal & Governance 4,381 297 (45) 4,633 4,711 78 1.7% Customer & Digital Services 10,302 1,470 (9) 11,763 11,852 89 0.8% Strategic Planning, People & Performance 5,948 1,138 (692) 6,394 6,332 (62) (1.0%) Projects & Programmes 131 178 555 864 864 0 0.0% Finance & Business Support 8,227 551 (10) 8,768 8,324 (444) (5.1%) Directorate Core Costs 1,003 64 1,067 1,087 20 1.9% Sub - Total: Service Budgets 353,966 10,739 543 0 442 365,690 366,619 929 0.3% SECTION 2 Corporate Budgets Health & Social Care 87,498 8,004 190 95,692 95,692 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) 18,474 18,474 0 0.0% Interest on Revenue Balances (5,411) (68) (406) (5,885) (5,885) 0 0.0% Net Contribution to/(from) Capital Fund 6,710 (1,796) 424 5,338 5,338 0 0.0% Contribution to/(from) Insurance Fund 200 200 400 400 0 0.0% Trading Operations Surplus (550) (550) (550) 0 0.0% Support Service External Income (2,238) 405 (1,833) (1,833) 0 0.0% Tayside Pension Fund 1,655 1,655 1,711 56 3.4% Apprenticeship Levy 956 956 956 0 0.0% Pay Award 0 2,099 2,099 2,099 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 19,148 2,642 0 832 490,501 491,636 1,135 0.2% SECTION 3 Funding Revenue Support Grant (275,985) (5,308) (2,642) (283,935) (283,935) 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) (107,767) (250) (0.2%) Capital Grant (1,600) (139) (1,739) (1,739) 0 0.0% Total Financing (454,060) (5,650) (2,642) 0 0 (462,352) (462,602) (250) (0.1%) Financed from/(returned to) Reserves 13,819 13,498 0 0 832 28,149 29,034 885 PERTH & KINROSS COUNCIL GENERAL FUND 2024/25 REVENUE BUDGET - SUMMARY APPENDIX 1