Changes to the budget book for 2012/13
We have made further improvements to the presentation of the
Budget Book and Medium Term Financial Plan to make our
spending decisions even more transparent.
These changes build on the A to Z of services introduced in
the Budget Book 2011/12, which identified the spending on the
full range of the council’s services rather than previous
presentation which was based on how the county council is
organised. The changes include:
- Clearer presentation of the total cost of individual capital
projects and how estimated future spending will be
funded.
- Introduction of a variation statement for each line in the
revenue A to Z. This shows the reasons for changes in planned
spending between 2011/12 and 2012/13
- A new strategic 3 year plan showing estimated changes in
funding from government grants and Council Tax. The plan
shows the estimated additional spending demands (including those
imposed on us by legislation, inflation and additional demands from
service users, as well as service enhancements, loss of income and
impact of previous years' budget decisions). The plan also
shows the savings that will be needed to balance the budget
for each year of the plan.
- We have shown a more detailed summary of the additional
spending demands and savings requirements for 2012/13. This
provides a concise summary of the individual budget variation
statements.
- We have not shown individual 3 year plans for each portfolio,
but have instead reproduced a detailed statement showing the main
elements of the 2012/13 proposals as they impact on individual
portfolios.