Budget Consultation 2013
Last autumn, a record number of Leeds' residents told us what was important to them in the council's budget in the 'YouChoose' budget simulator consultation. This information still guides us one year on as we prepare the budget for 2014/15 and beyond.
It is important to us that you can find out what's happened since the YouChoose consultation one year ago. To learn what we've been doing to meet the challenge of delivering services in difficult financial circumstances, look at 'How we listen - at a glance' or for an alternative version, open the 'How we listen when You Choose' document by clicking on the Documents section and selecting the link to your preferred document.
This year we wanted to check if you think the YouChoose priorities are still the right ones, in a short questionnaire - Budget Consultation 2013. What you told us will help us check this year's council budget is delivering the right things, and that we have the best plans for the long-term. The closing date for the questionnaire was Monday, 30 September 2013. Once available the results will be published on this page.
Our Initial Budget Proposal will be made available from the Documents section on this page in December 2013, with another chance for you to comment.
Revenue expenditure involves spending on day-to-day running costs. This is funded from a number of different sources, the most significant being general government grant (known as revenue support grant), business rates and council tax. The remainder comes from charges for services, such as council homes rents and entrance fees. There is also a small contribution from our reserves.
In preparation for the 2013/14 budget, a number of public consultations were carried out, including the "You Choose" campaign - an online budget simulator. These provided a useful barometer of public opinion as to council spending priorities, and were important in not just informing the 2013/14 budget, but also in helping the council shape its future budgets.
The annual financial plan is our approved budget for revenue spend for the year. It also tells you about our services and explains the basics of local government finance.
Don’t want to see the detail! Our summary budget shows you just the headline figures.
Capital expenditure relates to spending of a long-term nature where assets are purchased, constructed or improved by the council. In 2013/14, capital projects are paid for by grants and contributions (35%) and revenue contributions to capital including the Housing Revenue Account (HRA) (23%). Projects are also funded by borrowing (42%), which is undertaken at agreed rates of interest and repaid from revenue budgets.
The capital programme is our approved budget for capital spend for 2012-2016.