The Council set its budget for 2016/17 on 17 February 2016.
At the time the budget was set, the Council has received notification of its funding allocations for 2016/17 only.
The General Revenue Grant from the Scottish Government, which includes a share of the money collected from businesses as Non-Domestic Rates, amounts to 80% of the Council’s net revenue expenditure.
This key part of the Council’s funding will decrease by £612,000 compared to 2015/16, despite additional allocation of £2,010,000 – routed through the NHS – for budget Social Care. The Council also has new duties in regard to the provision of Early Learning and Childcare and Kinship carers.
The Council has identified savings of £3.3 million in its budget for 2016/17.
This leaves a shortfall of £6.8 million to be funded from reserves.
The budget approved on 17 February can be seen by selecting the link below. The budget is broken down by departments and can also be seen broken down by sections within departments. This analysis represents the starting point for the Council’s budget. Savings and provisions for pay and price increases and to meet budget pressures will be released throughout the year.
Such amendments are approved by the Policy and Resources Committee.