Council budget

Contents

  1. Medium Term Financial Plan
  2. Adult social care funding
  3. South Tyneside Council Budget 2024 / 25
  4. Council budgets for previous years

Medium Term Financial Plan

We are committed to providing the best possible services for everyone in South Tyneside.

The Medium Term Financial Plan outlines our approach to setting out our financial future.

It also sets the Council's budget.

Council budget 2024 - 2029 (Medium Term Financial Plan)


Adult social care funding

The Secretary of State made an offer to social care authorities. 

Adult social care authorities are local authorities which have functions under Part 1 of the Care Act 2014, namely county councils in England, district councils for an area in England for which there is no county council, London borough councils, the Common Council of the City of London and the Council of the Isles of Scilly.

The offer was the option of an adult social care authority being able to charge an additional "precept" on its council tax without holding a referendum, to assist the authority in meeting its expenditure on adult social care from the financial year 2016-17. It was originally made in respect of the financial years up to and including 2019-20. If the Secretary of State chooses to renew this offer in respect of a particular financial year, this is subject to the approval of the House of Commons. 


South Tyneside Council budget 2024 / 25

The table below shows the budget of South Tyneside Council for 2024 / 25 and details the reasons behind any changes from the previous year. It demonstrates the amount of money that the Council needs to raise through Council Tax.

In total Council Tax payers will contribute £75.4m towards the running of South Tyneside Council. This is equivalent to £1,920.18 per Band D Council Tax payer. £1.436m of the additional council tax raised in 2024 / 25 will go towards specifically funding Adult Social Care.

Funding for South Tyneside Council

Last year

2023/24 

 

South Tyneside Council

This year 2024/25

Gross expenditure £m

Gross income £m

Net expenditure £m

44.1

Childrens Social Care, Learning & Early Help

87.0

-36.2

50.9

63.1

Adult Social Care & Commissioning

124.7

-53.2

 71.4


14.9

Public Health
 

15.1

-0.3

14.8

-17.1


Business and Resources

109.8

-138.4

-28.6

6.8Governance & Corporate Affairs10.4-3.17.3
31.4Regeneration & Environment74.3-41.932.4

143.3

Total expenditure

  

148.2

 

Levies

   

8.9

North East Combined Authority Transport

  

9.2

0.1

Environment Agency

  0.1

152.3

Total budget requirement

  

157.5

 

Less

   

-67.5

Revenue Support Grant and Redistributed Business Rates

  

-71.5

-2.0

Other Government Grants

  

-0.3

-0.5

Collection Fund Surplus

  

-1.4

-10.1

Change in Use of Reserves

  

-8.9

72.3

Net budget requirement

  

75.4

107.9

Dedicated Schools Grant

  

118.9

Explanatory note

Change in Total Budget Requirement between years is attributable to:

  • Inflation and increased costs: £12.2m
  • Efficiencies and new models of delivery: £-7.0m

Guide to Council Tax

Find out more about where your Council Tax will go at: Your guide to Council Tax.

We've also produced an easy watch video about the Council budget, see YouTube: Council budget 2024-25.


Council budgets for previous years

Council budget 2023 - 2028 (Medium Term Financial Plan)

Council budget 2022 - 2027 (Medium Term Financial Plan)

Council budget 2021 - 2026 (Medium Term Financial Plan)

Council budget 2020 - 2025 (Medium Term Financial Plan)

Council budget 2019 - 2024 (Medium Term Financial Plan)

Council budget 2018 - 2023 (Medium Term Financial Plan)

Council budget 2017 - 2022 (Medium Term Financial Plan)

Council budget 2016 - 2021 (Medium Term Financial Plan)

Council budget 2015 - 2020 (Medium Term Financial Plan)

Council budget 2014 - 2019 (Medium Term Financial Plan)

Council budget 2013 - 2018 (Medium Term Financial Plan)

Council budget 2012 - 2017 (Medium Term Financial Plan)

Council budget 2011 - 2016 (Medium Term Financial Plan)

Council budget 2010 - 2015 (Medium Term Financial Plan)

Council budget 2009 - 2014 (Medium Term Financial Plan)

Council budget 2008 - 2011 (Medium Term Financial Plan)

Council budget 2007 - 2010 (Medium Term Financial Plan)

Council budget 2006 - 2009 (Medium Term Financial Plan)

Council budget 2005 - 2008 (Medium Term Financial Plan)

Council budget 2004 - 2007 (Medium Term Financial Plan)