How the money will be spent, where the money in Southend comes from and Capital Expenditure
How the money will be spent
What the money is spent on | 2024 - 2025- Original £m | 2025 - 2026 £m |
---|---|---|
Employees | 92.9 | 100.4 |
Running Expenses | 271.8 | 293.9 |
Schools Budget | 21.9 | 27.2 |
Cost of Capital | 15.9 | 15.9 |
Total | 402.5 | 437.4 |
Where the money comes from
Where the money comes from | 2024 - 2025 £m | 2025 - 2026 £m |
---|---|---|
Government Grants | 169.0 | 182.4 |
Other Grants and Reimbursements | 23.8 | 24.2 |
Rents | 6.3 | 6.6 |
Other Income | 53.3 | 59.1 |
Business Rates | 38.0 | 46.4 |
Revenue Supt, Grant | 7.6 | 7.8 |
Collection Fund | 1.0 | 1.4 |
Council Tax | 103.5 | 109.5 |
Total | 402.5 | 437.4 |
Capital Investment in Southend
The council has plans to spend a total of £94.8m on capital schemes for 2025 - 2026.
General Fund Services | £m |
---|---|
Highways and Infrastructure | 34.9 |
Enterprise and Regeneration - Levelling Up Fund | 16.6 |
School Improvement | 6.3 |
Southend Pier | 4.6 |
Improvements and Priority Works to Council Property | 3.6 |
Investment in ICT | 3.3 |
Enterprise and Regeneration - other | 2.6 |
Community Infracture Levy/S106 schemes | 2.0 |
Disabled Facilities Grants and Private Sector Housing | 0.8 |
Waste | 0.8 |
Energy Efficiency | 0.2 |
Culture and Tourism | 0.2 |
Social Care | 0.2 |
Total | 76.1 |
Council Housing | £m |
---|---|
Council Housing New Build Programme | 9.1 |
Decent Homes Improvements | 7.1 |
Housing Acquisitions Programme | 1.7 |
Disabled Adaptions | 0.8 |
Total | 18.7 |