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 |