A summary of budget changes from 2009/10 to 2010/11

The council has set its budget for 2010/11 at £220.6 million, which represents a 1.1% increase on the comparable budget for 2009/10. After allowing for changes to the council tax base, related to the number of properties in the bandings, this gives a 0% increase in the council tax.

A summary of the major variations moving from the previous year's budget to that approved for 2010/11 is given below:

Summary of major variations	Million pounds
Revenue budget 2009/10	218.3
Use of reserves used to support the 2009/10 revenue budget	2.9
Pay awards	0.0
Price increases	1.8
Pay related - changes in pension contribution rate/increments net of excess provision for 2009/10 pay awards	1.4
Children's services spending pressures - outside placements and independent special schools	0.7
Income shortfalls - planning and building control fees, commercial rents, land charges, etc	2.2
Manchester airport dividend reduction	0.3
MediaCityUK implementation	0.8
Greater Manchester Transport Fund	0.4
Building schools for the future	0.2
Removal of one off use of Local Public Service Agreement awards grant and pay back to services 2010/11	3.3
Think efficiency programme - further implementation of proposals (net of one off proposals in 2009/10)	-5.4
New service efficiencies	-6.9
Capital financing - increase in borrowing to support our capital investment in lieu of the reduction in capital receipts	1.2
Contribution from reserves	-0.6
2010/11 Budget requirement	220.6