County Treasurer's

£m

%

Budget requirement in 2002/03

920.5

Change in funding of teachers pensions and ending of specific quarter

32.9

Adjusted budget requirement

953.4

Inflation

42.9.

4.50%

Increased spending on services

42.6

4.40%

Money saved from efficiency improvements and other savings

-6.8

-0.70%

Budget requirement in 2003/04

1032.1

8.20%