Kent Fire & Rescue Service
Navigate
Home > About us > Financial information > Council tax > Council tax 2015/16 > Where your money goes 2015/16
Where your money goes 2015/16

Where your money goes

Where your money goes

       
Revenue Budget      2014/15
£’000
2015/16
£’000
Employees 56,647 55,841
Running expenses 15,617 15,781
Capital financing 7,062 12,630
Transfer to reserves -4,133 -9,861
Gross revenue expenditure 75,193 74,391
Service income -4,672 -4,416
Net budget requirement 70,521 69,975
Financed by:
Council Tax 39,746 41,254
Collection fund surplus 185 645
Grant from Government 30,590 28,076
70,521 69,975

Our budget for 2014/15

This Authority continues to face many challenges in the current economic climate, to ensure that it has sufficient resources to deliver a good quality and effective service to the people of Kent and Medway. This Authority continues to be proactive and forward-thinking with regard to the efficiency of its service delivery and has therefore been successful in delivering significant financial savings over recent years, some of which have been re-invested to facilitate the purchase of new vehicles, operational equipment and also to help fund the station-build programme. To ensure that this is sustainable over the medium term, and in light of the responses to the Council Tax consultation exercise, the Authority has increased its Council Tax by 1.95%, which equates to an increase of £1.35 to a Band D property (an increase of just over 2.5 pence per week) making a Band D Council Tax £70.65 per annum.    

Day to day budget (Revenue)

For 2015/16 the Authority has a net budget requirement by £69.9m. However, to fund potential commitments and pressures of £2.2m, such as pay and price increases, the Authority needs to find over £2.7m of savings. Most of these savings will be found through natural wastage as staff retire and vacancies are not filled. Other non pay savings will arise as contracts are reviewed and processes are streamlined, generating cash savings.

Capital budget

In 2015/16 the Authority plans to spend £12m on capital assets, including new fire stations at Chatham and Rochester together with a Road Safety Experience at the Rochester site. The purchase of 29 new medium sized fire appliances is already underway, with nearly half of the costs falling in 2015/16 and the balance will be paid in 2016/17 as the appliances are delivered.  Other projects include property improvements and maintenance, information and communication systems, vehicles and operational equipment. The Authority plans to pay for this work through a combination of 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