Revenue spending plans
Revenue spending plans for 2026/27
The total revenue Budget Requirement for the City Council for 2026/27 is expected to be £256.7m.
- Contribution to Reserves and Balances: £174,000
- Government Grants: £77,717,000
- Estimated Collection Fund Surplus 31 March 2026: £2,534,000
- Retained Business Rates: £64,111,000
- Council Tax Requirement 2026/27: £112,545,000 (Band D equivalent £1,908.41)
- Total: £240,527,000
Council Tax base: 58,973.4
Budget requirement - Amount a Council needs to fund its spending from Council Tax, non-domestic rates and the revenue support grant.
For further information on the budget, visit Agenda for Full Council on Tuesday 24 February 2026.
Revenue spending plans for 2025/26
The total revenue Budget Requirement for the City Council for 2025/26 is expected to be £240.5m.
- Contribution to Reserves and Balances: £81,000
- Government Grants: £61,523,000
- Estimated Collection Fund Surplus 31 March 2025: £3,679,000
- Retained Business Rates: £67,548,000
- Council Tax Requirement 2025/26: £107,858,000 (Band D equivalent £1,817.62)
- Total: £240,527,000
Council Tax base – 59,340.0
Budget requirement – Amount a Council needs to fund its spending from Council Tax, non-domestic rates and the revenue support grant.