Transparency data

Fire and Rescue Authority financial reserves: March 2021

Provides information on the level of financial reserves held by each standalone Fire and Rescue Authority for the year 2020 to 2021.

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Details

Fire and Rescue Authorities (FRAs) can keep part of their funding in financial reserves to:

  • help manage financial risk
  • fund major future costs, such as change programmes aimed at improving services to the public

Usable financial reserves are split into:

  • resource - these include a general fund to cover unforeseen pressures and earmarked reserves which are held for a specific purpose
  • capital - these are ring-fenced for capital investment

As at March 2021, standalone Fire and Rescue Authorities’ resource reserves stood at £571 million. This is equivalent to 40% of their core spending power.

Published 16 May 2023