The Budget for Suffolk

The council has a statutory duty to set a budget each year which enables it to deliver its duties and obligations in a sustainable and responsible manner.

2024-25 Budget

On Thursday 15 February 2024, the Full Council approved its Budget for 2024-25 (the period from 1 April 2024 to 31 March 2025).

This comprised a revenue budget of £752.8 million for 2024-25 and a capital programme of £525.0 million for the period from 2024 to 2029.

Details of the contents of the 2024-2025 Budget, and the associated Annual Plan, are available via the links below:

Revenue Budget 2024-25 and Capital Programme 2024-29: a comprehensive overview of the council’s finances for period from 2024 to 2029, including details of its spending plans, service pressures, savings programmes, income targets and investment in assets.

Annual Plan 2024-25: The 2024-25 Annual Plan has been set based on the resources identified within the Budget. The Plan sets out, at a strategic level, the Council’s four objectives and aligned priority actions for the year ahead, as well as key policy, performance and financial information. The Plan also includes an update on the Council’s Carbon Budget.

As part of its 2024-25 Budget, the council agreed the Council Tax that it will levy on its residents for the period from 1 April 2024 to 31 March 2025.