Appendix 1 – 2023/24 Management Budget
Perth and Kinross Council · 31 January 2024
Back to Finance and Resources Committee — 31 January 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) 2023/24 Previously Movements Virements Movements 2023/24 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 & Children's Services 230,985 8,338 1,970 (135) 241,158 240,122 (1,036) (0.4%) Communities 70,439 9,955 1,593 (280) 81,707 82,330 623 0.8% Corporate & Democratic Services 39,596 1,089 812 (232) 41,265 41,325 60 0.1% Chief Executive Service 3,712 1,341 (410) 4,643 4,655 12 0.3% Sub - Total: Service Budgets 344,732 20,723 4,375 0 (1,057) 368,773 368,432 (341) (0.1%) SECTION 2 Corporate Budgets Health & Social Care 83,958 2,870 1,146 (5) 87,969 87,867 (102) (0%) Contribution to Valuation Joint Board 1,309 1,309 1,309 0 0.0% Capital Financing Costs 15,137 (175) (119) 14,843 14,843 0 0.0% Interest on Revenue Balances (5054) (996) 235 (5,815) (5,815) 0 0.0% Net Contribution to/(from) Capital Fund 3,099 1,171 (116) 4,154 4,154 0 0.0% Contribution to/(from) Insurance Fund 200 200 200 0 0.0% Trading Operations Surplus (550) (550) 0 550 100.0% Support Service External Income (2153) (2,153) (2,153) 0 0.0% Tayside Pension Fund 1,725 (70) 1,655 1,655 0 0.0% Apprenticeship Levy 818 138 956 956 0 0.0% Council Tax Reduction Scheme 6,200 6,200 7,350 1,150 18.5% Discretionary Relief 1,104 1,104 1,104 0 0.0% Net Expenditure (General Fund) 450,525 23,661 5,521 0 (1,062) 478,645 479,902 1,257 0.3% SECTION 3 Funding Revenue Support Grant (239,627) (9,349) (4,481) (253,457) (253,457) 0 0.0% Ring Fenced Grant (17,725) 4 (4) (17,725) (17,725) 0 0.0% Non Domestic Rate Income (60,754) (60,754) (60,754) 0 0.0% Council Tax Income (103,914) (103,914) (104,114) (200) (0%) Capital Grant (1,600) (30) (1,630) (1,630) 0 0.0% Total Financing (423,620) (9,375) (4,485) 0 0 (437,480) (437,680) (200) (0%) Financed from/(returned to) Reserves 26,905 14,286 1,036 0 (1,062) 41,165 42,222 1,057 PERTH & KINROSS COUNCIL GENERAL FUND 2023/24 REVENUE BUDGET - SUMMARY APPENDIX 1