The figures below show the cost of the day to day running of Council services. Total
net expenditure was £336.7m. Amounts are shown in £m.
The Cost of Council Services 2014/15 (other than Council Housing)
|Corporate and Neighbourhood||£14.7|
|Falkirk Community Trust||£13.1|
|Adjustment for Capital Charges
How net expenditure was funded
|Government Grants and share of NDRI||£279.5|
|Contribution from Reserves||£3.9|
How the money was spent
|Supplies and Services||£34.5|
|Third Party Payments||£128.1|
|Capital Financing Costs||£34.2|
Spending on the delivery of all services other than council housing was around £2.87m or 0.9% above the assumed level. This over spend when added to other adjustments led to an overall decrease in general reserves of £3.94m.
At 31 March 2015 the Council owned 16,325 properties. By law there is a requirement
that all expenditure on these properties is financed from rent and other housing
The average weekly rent for the year was £57.46, increase by 3.6% from the 2013/14
level. The average rent in Scotland throughout the year was £62.13.
The cost of providing services to council housing tenants was at the planned level.
The level of reserves at 31 March 2015 remained at £5.093m.
|Transfer from Reserves||£0.0|
|Repairs and Maintenance||£23.5|
|Supervision and Management||£11.3|
|Capital Financing Costs||£12.7|
Capital expenditure represents money spent on purchasing, upgrading and improving
The Council has 2 separate capital programmes – Council Housing and General Services, for example schools and roads.
|Roads and Infrastructure||£8.4|
|Other – mainly Transport, ICT and Parks||£7.1|
Capital expenditure financed by
|Sale of Council Houses||£3.3|
|Capital Financed from Revenue||£7.7|
Major Capital Projects undertaken by the Council included:
- £35.1m on Council Housing including £12.9m on external fabric improvements and £7.3m on new build houses
- £8.4m on roads, lighting and footpaths
- £5.9m on schools
- £3.6m investment in community facilities including The Helix
- £4.7m on the vehicle replacement programme
The Band D council tax was set at £1,070 for the year which was £79 lower than the
average in Scotland. Council tax bills were sent to around 72,967 households in
In 2014/15 the council collected 95.7% of council tax by March 2015 (2013/14, 95.6%).
The ultimate collection rate for 2014/15 is anticipated to be 97.8%.
At the end of 2014/15 the Council held general fund reserves of £24.03m. The devolved
schools reserve and other earmarked reserves amounted to almost £10.56m, with the
Housing Revenue Account balance being a further £5.09m. This leaves general reserves