Revenue Budget 2005-06: Information for council tax payers
The revenue budget relates to costs incurred in the day to day running of the council, it primarily comprises employee expenses, premises costs, supplies and services, the financing costs associated with our capital investment and general running costs. It also takes into account service related income e.g. fees and charges. The revenue budget is our plan of revenue expenditure in the forthcoming year, which determines the level of Council Tax that will be charged.
The links on the left provide a summary of the issues that have influenced the setting of the city council’s revenue budget for 2005/06. These issues include the level of council tax, the standard of our service provision, the views of the public via our extensive public consultation exercise, changes in Government legislation affecting the scope and the delivery of our services and the financial settlement provided by the Government.
Also provided is a summary of the reasons for the changes from the 2004/05 revenue budget and show how these changes have affected the various budget allocations and increased the level of the council tax requirement.
The city council operates a medium-term financial strategy that includes a three-year forecast of our expenditure requirements and anticipated resources. The strategy takes into consideration a large number of factors and aims to provide the means by which the council’s priorities as reflected in its vision for the city to be delivered. The financial strategy is explained in more detail using the links below. The budget process is structured to provide the investment in our services and activities that are focussed towards the achievement of the council’s seven pledges as summarised below. The pledges have been aligned to establish a clear link between national government priorities, the priorities of the city as identified with our local partners and the work of the council. The pledges are our longer-term aspirations for the people of Salford.
- Improving health
- Reducing crime
- Encouraging learning, leisure and creativity
- Investing in young people
- Promoting inclusion – tackling poverty and social inequalities
- Creating prosperity
- Enhancing life
Best value principles also require that the financial strategy takes into account the key messages emerging from the various independent reviews on the services that the council provides. In particular the Audit Commission’s Comprehensive Performance Assessment, best value reviews and service inspections, and targets as set out in the council’s Local Public Service Agreement, together with the key messages from our consultation with the residents of Salford.
The formulation of the approved budget for 2005/06 forms part of the strategy covering 2005/06 to 2007/08. This financial strategy ensures that there is a close link between the allocation of resources to services and the achievement of specific service outcomes as illustrated in the following pages.
The detailed analysis of the 2005/06 revenue budget is provided by the following links:
This page was last updated on 15 April 2005
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