Sample Budget for a Single Person in 2018: An Overview

In recent years, there has been significant changes in the budget allocated to various aspects of life. For instance, in the case of a single individual's budget, there was a notable increase in technology funding, while salaries declined, albeit continuing to represent the majority of the budget.

According to the data, the total figure for the budget increased by £13.9 million to reach £318.6 million in 2018. Of this amount, approximately 75% was allocated towards salaries, which decreased to 69% in the following year. The allocation for grants remained largely unchanged, rising slightly from £38 million to £38.5 million.

On the other hand, local taxes saw a considerable growth from £91.2 million to £102.3 million, becoming the highest contributor to the budget. The national government's contribution also increased, with a slight rise from £175.5 million to £177.8 million.

In terms of budgetary allocation, technology funding nearly doubled, jumping from 8% to 14%, while spending on buildings and transport remained unchanged at 17% in both years surveyed. Overall, the contributions of all sources increased, with local taxes exhibiting the most significant growth.

A breakdown of the police budget in one area of Britain can be found in the table below, which illustrates where the funding came from, and the pie charts that follow provide information on how it was distributed. The table and charts offer valuable insights into the allocation of funds for a single person's budget in 2018.

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Sample budget single person 2018