Budget and Council Tax 2014/15
At the Fire and Rescue Authority meeting on 13th February 2014 Derbyshire Fire and Rescue Authority approved the level of Council Tax for the year 1st April 2014 to 31st March 2015. The Authority agreed to set a 1.9% increase in Council Tax with a budget of £38.6m for 2014/15.
Budget Requirement and Funding
The Fire and Rescue Authority's Budget Requirement in 2014/15 will decrease by £0.7m compared to 2013/14 in line with funding reductions imposed by central government.
|0.4||Contribution to Reserves||1.7|
|39.1||Total Budget Requirement||38.6|
|18.9||Met From:- Revenue Support Grant and National Non-Domestic Rates||18.4|
|0.8||Council Tax Freeze Grant||0.0|
|0.0||Collection Fund Surplus||0.1|
The Service experienced funding reductions in its Revenue Support Grant of £4.8m (24.4%) over the period of the Comprehensive Spending Review 2010. The provisional indication for the 2015/16 settlement suggests a further £1.5m reduction in grant funding.
Th eService has already secured savings of £4.4m as part of a comprehensive and timely approach to address the severity of funding reductions, and would otherwise be facing a deficit of around £9m in the year 2017/18.
Further information is available on the Derbyshire Fire and Rescue Service website.