Appendix B - Assumptions Underlying Medium Term Financial Plan
Perth and Kinross Council · 4 December 2024
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APPENDIX B Assumptions Underlying Medium Term Financial Plan Pay Inflation 25/26 26/27 27/28 28/29 29/30 30/31 Optimistic 2.0% 2.0% 2.0% 2.0% 2.0% 2.0% Mid-Range 3.0% 3.0% 3.0% 3.0% 3.0% 3.0% Pessimistic 4.0% 4.0% 4.0% 4.0% 4.0% 4.0% Employer’s Superannuation – Local Government Pension Scheme 25/26 26/27 27/28 28/29 29/30 30/31 Optimistic - - 0% - - 0% Mid-Range - - 0% - - 0% Pessimistic - - 1% - - 1% Employer’s Superannuation – Scottish Public Pension Agency (Teachers) 25/26 26/27 27/28 28/29 29/30 30/31 Optimistic - - - 0% - - Mid-Range - - - 0% - - Pessimistic - - - 1%- - - General Inflation 25/26 26/27 27/28 28/29 29/30 30/31 Optimistic 1.6% 1.3% 1.1% 1.1% 1.0% 1.0% Mid-Range 2.6% 2.3% 2.1% 2.1% 2.0% 2.0% Pessimistic 3.6% 3.3% 3.1% 3.1% 3.0% 3.0% Demographics – General Population 25/26 26/27 27/28 28/29 29/30 30/31 Optimistic 0.1% 0.1% 0.1% 0.1% 0.2% 0.0% Mid-Range 0.0% 0.0% 0.0% 0.0% (0.1)% (0.1)% Pessimistic (0.1)% (0.1)% (0.1)% (0.1)% (0.2)% (0.2)%
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Demographics – Older People 25/26 26/27 27/28 28/29 29/30 30/31 Optimistic 2.1% 2.9% 6.0% 4.2% 3.4% 3.0% Mid-Range 2.2% 3.0% 6.1% 4.3% 3.5% 3.1% Pessimistic 2.3% 3.1% 6.2% 4.4% 3.6% 3.2% Scottish Government Funding 25/26 26/27 27/28 28/29 29/30 30/31 Optimistic 0% 0% 0% 0% 0% 0% Mid-Range 0% 0% 0% 0% 0% 0% Pessimistic (1)% (1)% (1)% (1)% (1)% (1)% Council Tax Charge 25/26 26/27 27/28 28/29 29/30 30/31 Optimistic 6.0% 6.0% 6.0% 6.0% 6.0% 6.0% Mid-Range 4.9% 4.9% 4.9% 4.9% 4.9% 4.9% Pessimistic 3.0% 3.0% 3.0% 3.0% 3.0% 3.0% Council Tax – No. of Band D Properties 25/26 26/27 27/28 28/29 29/30 30/31 Optimistic 800 800 800 800 800 800 Mid-Range 600 600 600 600 600 600 Pessimistic 400 400 400 400 400 400 Fees and Charges 25/26 26/27 27/28 28/29 29/30 30/31 Optimistic 5% 5% 5% 5% 5% 5% Mid-Range 4% 4% 4% 4% 4% 4% Pessimistic 3% 3% 3% 3% 3% 3%