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Budgets and finance


Demand for council services is going up, and at the same time, the budget we receive to provide these services gets tighter every year. These financial challenges mean we are striving to work more efficiently.

Budget planning is an ongoing process and council services identify savings all year round. Decisions taken by councilors as part of previous budgets could also have a delayed impact on policies, services and savings.

Councillors agreed the budget for 2020/21 on 27 February 2020.

Financial regulations

The financial regulations set out the corporate rules for the financial management of Fife Council. We have these regulations as it is both good management practice and we are required, by statute, to make proper arrangements for its financial management.

The financial regulations are intended to enable staff to carry out their jobs in an efficient manner and free from the risk of being accused of impropriety.

Where there is any doubt about what the correct procedure is or if the regulations are constraining the achievement of legitimate Council goals, the matter should be raised with the Executive Director of Finance and Resources or appropriate Finance and Procurement (FAP) staff. Any variations from the requirements of these financial regulations need to be agreed in advance and in writing with the Executive Director of Finance and Resources.

Efficiency statements

The Council has a statutory duty to deliver best value.

As part of the Scotland-wide Efficient Government initiative, it is important to show that we have a corporate approach to continuous improvement and performance management. And that we are delivering efficiencies without affecting the quality of our services.

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