South Yorkshire Fire and Rescue Authority
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Budget & Accounts

The majority of the Fire Authority's funding is provided directly by the government in the form of Revenue Support Grant and Business Rates. The remainder is raised via the precept which forms part of the council tax bills issued by the District Councils. However, the Fire and Rescue Authority only sets its budget after taking account of the government's regulations on capping, the reserves it has available and any income that it generates.

The Authority’s Financial Regulations are provided here.

For 2018/19 the Authority has a budget of £49.8m which was agreed at the Fire and Rescue Authority meeting held on 19th February 2017.   

The Authority also agreed a Council Tax increase of 2.97% for 2018/19. 

The budget has been set against a total funding allocation of £49.7m - this will allow for some £1.3m to be set aside for investment requirements within the Medium-Term Plans.

In respect of Reserves, the Authority agreed to:

a)  Retain a minimum general reserve (including operational contingency) of £5m;

b)  To set aside £14.7m in a Capital Investment Reserve to financial capital expenditure incurred on non-grant funded approved schemes.

c)  To top up the Invest to Save Reserve to facilitate the modernisation.

The full report can be read here (see Item 10)

 What will the money be spent on?

The budget is planned to be spent as follows:- 

 

£m

Operational staff

29.9

Support Staff

7.2

Indirect Staff costs

2.6

Transport

1.0

Premises

2.9

Supplies & Services

4.8

Capital Financing costs

2.7

Income

-1.2

TOTAL

49.9

Who pays?

The Fire and Rescue Authority's budget comes from a variety of sources: 

 

£m

Local Taxpayers

25.6

Revenue Support Grant

9.1

Business Rates

15.1

Other Income

0.6

Reserves

0.0

TOTAL

50.4

In accordance with the Accounts and Audit Regulations, the Authority must submit its Draft Statement of Accounts to its external auditors before the end of May each year.  The Authority must also approve its audited Statement of Accounts annually by the end of July.

The Statement of Accounts and Summary Accounts for the last three years are available in the FRA Library.