How we spend our money to deliver our priorities - Revenue

Our General Fund Services

Service£m
Childrens Services1,000
Health & Social Care Partnership / Social Work Adult Services350
Development Services120
Corporate & Housing Services115
Capital Charges & other68
Falkirk Community Trust47

What we will do

We will spend more than £1billion over the next 5 years supporting our children and young people via our Children's Services.

This means we are investing in:

  • Raising aspiration and ambition
  • Reducing the impact of poverty on children and their families

We will fund over £350m in the Health & Social Care Partnership to transform and improve the quality and consistency of services for patients, carers, service users and their families.

For the next 5 years, through our other Services, we will invest around £300m in:

  • Growing our economy
  • Improving the neighbourhoods we live in
  • Promoting vibrant town centres
  • Working with communities to deliver better services

How we spend our money to deliver our priorities - Capital

General Services Capital Programme

Service£m
Roads Infrastructure89
New HQ30
Flood Protection 29
School Estate27
Arts Centre15
Other11
Vehicles8
Parks and Open Spaces8
ICT Digital7

What we will do

Our Capital programme pays for major projects or the purchasing / replacement, building and improving of council assets.

We will invest in our digital capability to underpin the transformation of how we deliver services to support individuals and communities.

Over the next 5 years, we will spend more than £150m on our roads, school estates, parks and open spaces, and flood prevention.

This helps make our area 'the place to be'.


What we spend to make high quality sustainable homes that people can afford and meet their needs

Housing Revenue Account

Type£m
Property131
Capital Charges130
Employee40
Support Services24
Supplies & Services19
Other costs10

Housing Capital

Type£m
New Build Housing124
Maintenance & Improvements109
Energy Efficiency Works17
Other costs17
Estate Improvements14

What we will do

The aim of the Housing Revenue Account (HRA) is to ensure that tenants of Falkirk Council receive the maximum benefit from their rents and ultimately the best standards of service.

We anticipate spending around £353m over the next 5 years:

  • Property spend includes repairs and maintenance of our housing stock and estates.
  • Capital charges includes £88m for the repayment of borrowing for capital works, buy backs and new build, along with a £42m contribution to reduce borrowing.

Housing Capital is used to improve existing Falkirk Council homes and to build new homes.

We anticipate investing c£280m over the next 5 years.


What our budget looks like over the next 5 years

In our budget we have projected an estimated £76m budget gap over the next 5 years.

Our business plan shows how we will bridge around £70m of this gap and we know there is still work to be done in the latter years to fully balance our budget.

2019/20 £'m 2020/21 £'m 2021/22 £'m 2022/23 £'m 2023/24 £'m Total £'m
Budget Gaps 18.6 20 12.5 12.8 12.4 76.3
Additional Investment 1.7 0 -1.4 -0.3 0 0
Budget Realignment 8 4.9 -0.5 -0.9 -0.5 11
Gap to be bridged 12.3 15.1 11.6 13.4 12.9 65.3
Services of the future 3.0 4.9 2.8 2.9 2.9 16.5
Digital 0.1 0.4 0.7 0.3 0.2 1.8
Transformational Enablers 0.3 0.5 0.1 0 0.1 0.9
Enabled Communities 1.2 2.3 2.5 1.6 1.5 9.1
Entrepreneurial Services 0.7 0.8 0.9 0.5 0.5 3.4
Other Savings 4.0 2.4 1 0.4 0.5 8.4
FCT 0 1 1 1.5 1.5 5
IJB 2 2.7 2.7 3.2 2.2 12.8
Reserves 1 0 0 0 0 1
Gap bridged 12.3 15.1 11.6 10.4 9.5 58.9
Balance 0 0 0 3 3.4 6.4
Council Tax - Potential Additional 1.5% - 1 1 1 1 4