| Revenue Budget || 2016/17 |
| 2017/18 |
|Employees ||52,154 ||53,421 |
|Running expenses ||16,880 ||15,575 |
|Capital financing ||8,829 ||11,307 |
|Transfer to reserves ||-3,709 ||-7,079 |
| Gross revenue expenditure ||74,154 || 73,224 |
|Service income ||-4,862 ||-4,586 |
| Net budget requirement || 69,292 || 68,638 |
| Financed by: |
|Council Tax ||42,918 ||44,616 |
|Share of Retained Business Rates ||6,428 ||6,257 |
|Collection fund surplus ||451 ||813 |
|Grant from Government ||19,495 ||16,952 |
| || 69,292 || 68,638 |
Our budget for 2017/18
The Authority’s budget for 2017/18 reflects the continued implementation of the proposals made in the Safety and Wellbeing Plan for 2016-18.
The Day to Day Revenue Budget
For 2017/18 the Authority has a net day to day budget of £68.6m. This reflects anticipated commitments in relation to pay, pensions and prices amounting to £3.1m, but savings amounting to £3.8m need to be made to enable the Authority to pay for its commitments which include the cost of the legislative impact of the Government’s new apprenticeship levy.
The day to day budget for 2017/18 also reflects staff turnover and retirements which is resulting in the continued reduction in firefighter numbers, but this has helped ease the transition to new working arrangements which require a lower number of firefighters on stations. However, firefighter numbers are now at a level where it is has become necessary to run a new recruit course in 2017/18, so money has been set aside in the budget to pay for the cost of employing new apprentices and firefighter recruits. Most of the £3.8m savings will be found through a combination of changes to duty systems, lower costs in relation to the firefighters pension scheme and a reduction in back office staff numbers, alongside a reduction in infrastructure funding.
In the 2016/17 the new Fire station and Road Safety Experience at Rochester was opened. In 2017/18 the construction of the new Fire Station at Ramsgate will get underway and some replacement vehicles will be purchased. In total the Authority is planning to spend approximately £10.3m on capital projects in 2017/18. View or download the Medium Term Financial Plan.
In summary the budget for 2017/18 not only takes account of legislative changes but also allows for improvements and innovations in the delivery of its services to its customers in Kent and Medway. The Authority has an earmarked reserve that provides funding for the continued investment in its buildings, vehicles and equipment to ensure that the service remains fit for the future. The Authority considers that it is important to ensure that its financial plans are sustainable over the medium term.