County Treasurer's

Change in spending

The County Council's budget is that part of its expenditure funded by general Government grant (21%) and council tax (79%).

To compare the 2006/07 budget with the 2005/06 budget we adjust the 2005/06 budget figure to account for changes in responsibility for the delivery of services and changes to the way services are funded. This gives a basis for a like-for-like comparison between budgets.

Until now, the Government has contributed to the funding of schools, as with other services, through general grant. However, from 1 April 2006 a Dedicated Schools Grant will be provided to cover the full cost of running Hampshire County Council schools. General grant will be reduced. This funding change does not affect the services delivered, the level of investment or the amount of council tax an individual pays.

In 2006/07 the County Council expects to spend £1,487 million on services compared with £1,414 million in 2005/06. After deducting specific grants, including the Schools Grant, and income from fees and charges, the County Council has set a budget of £568 million. This is an increase of 5.2% after adjusting for funding changes such as the Schools Grant.

	£m
Budget for 2005/06	1,108
Adjustment for Dedicated Schools Grant	-574
Adjustment for other specific grant changes	6
Adjusted budget for 2005/06	540
Efficiency improvements	-11
Increased spending and use of reserves	22
Inflation	17
Budget for 2005/06	568

If you have any questions about the content of any of these pages please contact the County Treasurer's Department.