How the money will be spent, where the money in Southend comes from and Capital Expenditure
How the money will be spent
How money is spent
| |
2023 - 2024- Original £m |
2024 - 2025 £m |
| Employees |
90.6 |
92.9 |
| Running Expenses |
238.4 |
271.8 |
| Schools Budget |
24.5 |
21.9 |
| Cost of Capital |
26.1 |
15.9 |
| Total |
379.6 |
402.5 |
Where the money comes from
Where the money comes from
| |
2023 - 2024 £m |
2024 - 2025 £m |
| Government Grants |
157.9 |
169.0 |
| Other Grants and Reimbursements |
22.1 |
23.8 |
| Rents |
5.5 |
6.3 |
| Other Income |
50.2 |
53.3 |
| Business Rates |
36.3 |
38.0 |
| Revenue Supt, Grant |
7.1 |
7.6 |
| Collection Fund |
2.0 |
1.0 |
| General Reserve |
1.0 |
0.0 |
| Capital Reserve |
0.0 |
0.0 |
| Council Tax |
97.5 |
103.5 |
| Total |
379.6 |
402.5 |
Capital Investment in Southend
The council has plans to spend a total of £69.2m on capital schemes for 2024 - 2025.
Where Southend plans to use Capital Investment
| General Fund Services |
£m |
| Enterprise and Regeneration - Leveling Up Fund |
22.1 |
| Highways and Infrastructure |
11.8 |
| Investment in ICT |
4.5 |
| Southend Pier |
4.2 |
| School Improvement |
2.7 |
| Improvements and Priority Works to Council Property |
2.5 |
| Enterprise and Regeneration - other |
1.9 |
| Community Infrastructure Levy/106 Schemes |
0.9 |
| Disabled Facilities Grants and Private Sector Housing |
0.8 |
| Energy Efficiency |
0.5 |
| Social Care |
0.2 |
| Total |
52.1 |
Amount Spent on Council Housing
| Council Housing |
£m |
| Council Housing New Build Programme |
6.7 |
| Decent Homes Improvements |
6.3 |
| Housing Acquisitions Programme |
3.4 |
| Disabled Adaptions |
0.7 |
| Total |
17.1 |
