Our spending plans for 2018-2019 were approved by the council on Wednesday 21 February 2018.
The revenue budget includes our spending on day to day services, such as provision of care to older people, and keeping our libraries and leisure centres open.
Our plans for 2018-2019 can be downloaded at the bottom of the page. These were approved by the council on 21 February 2018.
Our government grant has fallen, on a like for like basis, from £289 million in 2010-2011 to a projected £166 million by 2019-2020.
The council’s budget will have fallen from £356 million to an equivalent of £287 million by 2019-2020. These figures, however, mask the fact that additional funding has been required to manage pressures in statutory social care. The amounts available for all other services have consequently fallen by nearly two thirds over the same period (after allowing for inflation).
By careful management, we have built up reserves which mean we are avoiding crisis cuts to services. These reserves have bought us time, which we are using to carry out detailed reviews of all key areas of service. This money will soon be used up. Wherever possible, I am determined to protect frontline services, but given the scale of reductions we face, frontline cuts are unfortunately inevitable.
The capital programme includes funding for major investments. A two year capital programme was approved in November 2017. This amounted to £120 million for the following two years, including major investment in our schools and transport network. The approved capital programme can be downloaded at the bottom of the page.
Budget for 2019-2020
A draft budget for 2019-2020 has been published, and will be considered by councillors on 20 February 2019. The document can be found at the bottom of this page.