Statement re annual budget meeting

Aberdeen City Council publishes 2019/20 budget reports

Aberdeen City Council today (26 February 2019) published reports outlining its budget proposals for 2019/20 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, the need to protect services and the requirement to meet Scottish Government funding conditions. The Council is governed by the Local Government Finance Act 1992 and projected expenditure must be matched by income.

The 2019/20 budget will be set by elected members at a meeting of the full Council on 5 March 2019. The budget reports can be found at: https://bit.ly/2EnaZ1O .

ENDS

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