Kent Fire & Rescue Service
Navigate
Where your money goes

Where your money goes

Where your money goes

       
Revenue Budget    2012/13
£’000
2013/14
£’000
Employees 58,532 56,647
Running expenses 14,197 15,617
Capital financing 7,018 7,062
Transfer to reserves 1,205 -4,133
Gross revenue expenditure 80,952 75,193
Service income -7,534 -4,672
Net budget requirement  73,418 70,521
Financed by:
Council Tax 43,494 38,263
Collection fund surplus 120 124
Revenue support grant 29,804 19,570
Business rate retention

0

12,979

  73,418     70,936
 

Our budget for 2013/14

As part of the Government’s deficit reduction scheme Fire and Rescue Authorities are expecting to face average cuts of 25% in government funding over the four year period from 2011/12 to 2014/15, with the largest reductions in funding due in 2013/14 and 2014/15. In addition, the Autumn Statement also announced a further cut of 2% in 2014/15. Despite the challenging financial environment, this Authority continues to ensure that its budget plans support the objectives set out in the IRMP and Corporate Plan. The medium term plans are business focused, service led and sustainable over the medium.

Day to Day budget (Revenue)

For 2013/14 the Authority has reduced its net budget requirement by just over £2.4m. However, to fund potential commitments and pressures of £1.9m, such as pay and price increases, this means that the Authority needs to find over £4.3m of savings, after using the council tax freeze grant income. Most of these savings will come from the Infrastructure programme. This means that for the fourth consecutive year, the Authority will keep its Council Tax at £67.95 (Band D property).

Capital budget

In 2013/14 the Authority plans to spend £12.5m on capital assets, such as the development and new build of five new fire stations, property improvements and maintenance, information and communication systems, vehicles and operational equipment. The Authority pays for this work through a combination of borrowing, revenue contributions from the revenue budget, capital grants and receipts from the sale of property.

Connect with us
  • Facebook icon
  • Twitter icon
  • YouTube icon
  • Flickr icon
  • GovDelivery icon
  • Instagram icon
  • Facebook icon
  • Twitter icon
  • YouTube icon
  • Flickr icon
  • GovDelivery icon
  • Instagram icon