How much we spend 2023-2024

The council's net budget for the 2023-24 financial year is £221.5 million; £115.8 million of this will be met from Council Tax.

How much we spend

The council's gross expenditure on General Fund services for the 2023-24 financial year is £556.4 million; (£534.1 million for 2022-23).

Where the remaining funding comes from Amount
Southampton City Council - Council Tax (including Adult Social Care precept) £115.8 million
Business Rates £47.5 million
Other Government grants £56.8 million
Collection Fund surplus £1.4 million

Breakdown of the General Fund account

This table shows the 2023-24 General Fund account. It shows what we will need to spend to deliver services:

2022-23
Net Cost £M
Services 2023-24
Net Cost £M
9.11 Education and Learning 12.53
79.37 Adult social care 88.30
47.70 Children's social care 48.16
15.97 Managing waste 17.34
5.66 Museums, libraries and other cultural services 6.98
5.40 Parks and open spaces, street cleaning, highways, transport and parking 3.89
4.04 Communities, homelessness and city safety 5.14
4.29 Planning, licensing, elections and regulatory services 4.60
28.43 Supporting and enabling frontline services 33.23
199.97 Service total 220.15
6.74 Capital financing and other central costs 1.31
206.71 Net Revenue Expenditure 221.46
(97.94) Funding (105.68)
108.77 Net General Fund Spending 115.78
0.00 Draw from balances 0.00
108.77 Council Tax Requirement 115.78

See also