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
| 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
| 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.
Where Southend plans to use Capital Investment
| 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 |
Amount Spent on Council Housing
| 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 |
