TIDM54MP

RNS Number : 3043G

Aberdeen City Council

28 February 2018

Aberdeen City Council publishes 2018/19 budget reports

Aberdeen City Council today (28 February) published reports outlining its budget proposals for 2018/19 in relation to:

   --      General Fund Revenue and Capital Investment Programme; 
   --      Housing Revenue Account (HRA) and Capital Investment Programme; 
   --      Common Good Fund.

A balanced budget has been proposed, taking into account the requirement for savings and the need to protect services. The Council is governed by the Local Government Finance Act 1992 and projected expenditure must be matched by income.

The proposal outlines a budgeted spend of over GBP950million, comprising GBP269m capital and GBP689m revenue expenditure.

The 2018/19 budget will be set by elected members at a meeting of the full Council on 6 March 2018. The budget reports can be found at: https://goo.gl/LkMPMK .

ENDS

Issued on behalf of Aberdeen City Council by Paul Smith. For further information email PaulSmith1@aberdeencity.gov.uk or call 01224 523188.

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February 28, 2018 12:25 ET (17:25 GMT)

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