Before the start of each financial year, we need to set a budget for our day-to-day expenditure. This is called the Revenue Budget and it's the amount of money we'll need to provide our services during the year. Examples include staff salaries, debt repayments, building maintenance and other supplies and services costs.
The Council is legally required to set a balanced budget each financial year. This means expenditure can not be more than the income we expect to receive from government grants, council tax, fees and charges.
Further detail about the Council’s revenue budget is provided below:
Revenue Budget 2025-28
The Council agreed a budget on Thursday, 20 February 2025. The full details of the meeting can be found on the following link;
Minute - Fife Council of 20 February 2025
Revenue Budget 2024-27
The Council agreed on a budget on Thursday 22 February 2024. The full details of the meeting can be found on the following link;
Agenda and Papers for Fife Council 22nd February 2024
Revenue Budget 2023-26
The council agreed on a budget on Thursday, 23 February 2023. The full details of the meeting can be found on the following link;
Agenda and Papers for Fife Council 23rd February 2023
Revenue Budget 2022-25
The council approved budget proposals for 2022-25 on Thursday 24th February 2022.
The full details of the meeting can be found on the following link;
Agenda and Papers for Fife Council 24th February 2022
Revenue Budget 2021-24
The council agreed a budget on Thursday 11 March 2021. The full details of the approved revenue budget can be found on the following links;
Budget Brief
The Budget Brief provides an overview of the Council’s Revenue, Capital and HRA expenditure budgets. It also provides some details about Council Tax levels and rates and other useful performance statistics.
Financial Plans
The Financial Plans provide a more detailed overview of the revenue budget and capital investment for general fund services and the housing revenue account.
Integrated Impact Assessments (IIAs)
The Integrated Impact Assessments carried out for budget proposals: considering Equality (General Equality Duty and Protected Characteristics), Children’s Rights and Wellbeing, Fairer Scotland Duty, Consumer Duty and Environmental impacts and action to mitigate and monitor impact going forward.