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 | 2025 - 2026- Original £m | 2026 - 2027 £m |
|---|---|---|
| Employees | 100.4 | 106.9 |
| Running Expenses | 293.9 | 321.3 |
| Schools Budget | 27.2 | 19.2 |
| Cost of Capital | 15.9 | 17.4 |
| Total | 437.4 | 464.8 |
Where the money comes from
| Where the money comes from | 2025 - 2026 £m | 2026 - 2027 £m |
|---|---|---|
| Government Grants | (182.4) | (168.7) |
| Other Grants and Reimbursements | (24.2) | (26.1) |
| Rents | (6.6) | (6.8) |
| Other Income | (59.1) | (61.6) |
| Business Rates | (46.4) | (42.5) |
| Revenue Supt, Grant | (7.8) | (42.4) |
| Collection Fund | (1.4) | (1.0) |
| General Reserve | 0.0 | 0.0 |
| Capital Reserve | 0.0 | 0.0 |
| Council Tax | (109.5) | (115.7) |
| Total | 437.4 | 464.8 |
Capital Investment in Southend
The council has plans to spend a total of £90.4m on capital schemes for 2026 - 2027.
| General Fund Services | £m |
|---|---|
| Highways and Infrastructure | 20.6 |
| Highways and Infrastructure - Better Queensway | 11.6 |
| Enterprise and Regeneration - Levelling Up Fund | 10.0 |
| Investment in ICT | 3.6 |
| School Improvement | 3.4 |
| Improvements and Priority Works to Council Property | 2.9 |
| Southend Pier | 2.4 |
| Disabled Facilities Grants | 2.3 |
| Enterprise and Regeneration - other | 1.2 |
| Community Infracture Levy/S106 schemes | 0.9 |
| Culture and Tourism | 0.7 |
| Total | 59.6 |
| Council Housing | £m |
|---|---|
| Council Housing Refurbishment | 14.7 |
| Council Housing New Build Programme | 13.8 |
| Housing Acquisitions Programme | 1.6 |
| Disabled Adaptations | 0.7 |
| Total | 30.8 |