Appendix 6 – General Fund Balances
Perth and Kinross Council · 5 February 2025
Back to Finance and Resources Committee — 5 February 2025 and its agenda
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Appendix 6 General Fund Reserves Update Proposals Included in Report Proposals Included in Report Commit- ments Balance 31/3/24 24/25 25/26 26/27 24/25 Future £m £m £m £m £m £m £m £m General Fund Balance 83.793 Balances Held Under Statute / Regulation - Revenue Grants (17.337) 7.932 (9.405) - Council Tax Income for affordable housing (5.609) 0.588 (0.283) (0.283) 0.820 (4.767) - Developers Contributions: Affordable Housing (5.237) (5.237) - Car Parking (1.532) 0.120 0.420 (0.992) - Developers Contributions: Commuted Sums (1.218) (1.218) - Service Concessions (17.262) 4.000 13.262 0.000 - Devolved School Management (0.501) 0.501 0.000 Sub total (48.696) 13.141 (0.283) (0.283) 1.240 0.000 13.262 (21.619) Balances Held for Specific (Previously Approved) Purposes - Council Approved Revenue Budget Flexibility (1.635) 1.083 (0.498) 0.730 (0.320) - Feasibility 0.000 0.000 (0.100) (0.100) 0.200 0.000 - Culture (0.857) 0.561 0.025 (0.271) - School Estate (2.164) 1.902 0.262 0.000 - Works Maintenance (0.200) (0.200) - Community Resilience (0.175) 0.175 0.000 0.000 - Climate Change (0.205) 0.110 (0.095) - Financial Assistance (Mod) (0.020) (0.020) (0.020) (0.020) (0.080) - Project Feasibility Fund (Covid-19) (0.081) 0.062 (0.019) - Modern Apprentice Scheme (0.367) 0.340 0.027 0.000 - Cemetery Walls (0.262) 0.150 0.076 0.036 0.000 - Salix (0.102) 0.102 0.000 - Local Area Partnerships (0.046) 0.046 0.000 - Community Investment Fund (0.087) 0.020 0.067 0.000 - Local Government Elections (0.053) (0.053) (0.053) (0.053) 0.212 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 Balance 31/3/24 24/25 25/26 26/27 24/25 Future £m £m £m £m £m £m £m £m Approved Contributions from / (to) Reserves - PH20 (0.062) 0.062 0.000 - Working Smarter (Covid-19) (0.115) 0.115 0.000 - School Counsellors (0.329) 0.227 0.102 0.000 - Ventilation Measures (0.076) 0.076 0.000 - Services for Children, Young People & Families (0.281) 0.281 0.000 Sub total (7.117) 4.896 0.005 (0.173) (0.303) 0.000 1.707 (0.985) Balances Held for Other Purposes 0.000 - Transformation & Workforce Management (7.606) 3.291 0.060 (0.540) 0.171 (4.624) - Anti - Poverty (1.664) 1.125 0.235 (0.427) (0.731) Sub total (9.270) 4.416 0.295 0.000 (0.967) 0.000 0.171 (5.355) Earmarked Reserves (65.083) 22.453 0.017 (0.456) (0.030) 0.000 15.140 (27.959) 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 1.155 Impact of Current Year Decisions (0.520) Impact of proposals within this report 0.883 Updated Uncommitted General Fund Balance 17.979 Percentage of Net Revenue Budget 3.8%