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MobileBudgets and finance
We set our budget for revenue and capital spending on an annual basis – this applies to both the General Fund services and the Housing Revenue Account. These budgets then determine the levels of Council Tax and Housing Rent set for the year ahead.
Fife Council agreed its new budget on Thursday 9 February 2012, pledging to continue support for essential services whilst adapting to changing and challenging times.
We continually monitor our expenditure and report regularly on our spending through the Policy, Finance and Asset Management Committee.
We have been reporting for some time on the budget shortfall facing the Council between now and 2015. All Services in the Council have been asked to look at how they can deliver services more efficiently, and which services we should stop delivering.
You can keep up to date on the council’s finances by reading reports online or attending committee meetings. They are held in public and anyone can attend.
Fife Council General Fund Revenue Budget
Fife Council approved a one year revenue budget for 2012-13 on 9 February 2012. It included a savings package of £19.2M. This was made up of new savings proposals from the Administration of £4.8M, savings decisions taken the previous year of £2.8M and savings decisions taken by managers of £11.6M.
See publications below for a full breakdown of budget papers including full details of all savings.
