Appendix 1 – 2024/25 Management Budget
Perth and Kinross Council · 5 February 2025
Back to Finance and Resources Committee — 5 February 2025 and its agenda
Text extracted from the council's PDF. Layout and reading order may differ from the original.
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PERTH & KINROSS COUNCIL GENERAL FUND 2024/25 REVENUE BUDGET - SUMMARY Appendix 1 (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 and Learning 166,774 (1,634) 6,301 453 (1,049) 170,845 170,845 0 0.0% Children, Families and Justice 25,284 1,645 112 27,041 26,654 (387) (1.4%) Economy, Development and Planning 13,901 3,730 207 17,838 17,808 (30) (0.2%) Environment and Infrastructure 34,666 389 300 35,355 34,875 (480) (1.4%) Housing and Communities 17,878 3,057 129 91 1,307 22,462 22,277 (185) (0.8%) Property Services 65,471 1,040 1 (34) 66,478 67,028 550 0.8% Legal and Governance 4,381 252 36 (110) 4,559 4,550 (9) (0.2%) Customer and Digital Services 10,302 1,461 368 89 (370) 11,850 11,969 119 1.0% Strategic Planning, People and Performance 5,948 446 (15) (264) 6,115 5,913 (202) (3.3%) Projects and Programmes 131 733 1 (393) 472 472 0 0.0% Finance and Business Support 8,227 541 70 8,838 8,331 (507) (5.7%) Directorate Core Costs 1,003 64 (62) 1,005 1,025 20 2.0% Sub - Total: Service Budgets 353,966 11,724 6,798 1,283 (913) 372,858 371,747 (1,111) (0.3%) SECTION 2 Corporate Budgets Health and Social Care 87,498 8,194 258 95,950 95,950 0 0.0% Contribution to Valuation Joint Board 1,466 1,466 1,466 0 0.0% Capital Financing Costs 16,628 1,846 16 18,490 18,490 0 0.0% Interest on Revenue Balances (5,411) (474) 209 (5,676) (5,676) 0 0.0% Net Contribution to/(from) Capital Fund 6,710 (1,372) (225) 5,113 5,113 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) 0 (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% Pay Award 0 2,099 (2,099) 0 0 0 0.0% Leadership and Procurement (1,505) 555 558 (392) (392) 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 22,772 6,798 0 (913) 496,536 495,631 (905) (0%)
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PERTH & KINROSS COUNCIL GENERAL FUND 2024/25 REVENUE BUDGET - SUMMARY Appendix 1 (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 3 Funding Revenue Support Grant (275,985) (7,950) (7,184) (291,119) (291,119) 0 0.0% Ring Fenced Grant (3,806) 10 (3,796) (3,796) 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) (8,292) (7,174) 0 0 (469,526) (469,776) (250) (0.1%) Financed from/(returned to) Reserves 13,819 14,480 (376) 0 (913) 27,010 25,855 (1,155)