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.

Budget for 2021-2022

The Council is in the process of setting its Budget for 2021-22.  On 21 December 2020, it published details of its proposed 2021-22 Budget, which will be considered by the Council’s Scrutiny Committee on 7 January 2021, papers can by found via this link.  The Council’s Cabinet is then due to meet on 26 January 2021 to recommend the 2021-22 Budget to full Council, which is set to approve it along with the associated Council Tax and Social Care Precept rates on 11 February 2021.   

The Council welcomes the views of residents and businesses on its 2021-22 Budget.  If you would like to provide your views, the survey can be found by clicking the following link.  

The survey runs from 21 December 2020 to 11 January 2021.

Budget for 2020-2021

On Thursday 13 February 2020, the Council approved, for 2020-21, a net revenue budget of £556.4 million and a capital programme of £118.6 million. 

The 2020-21 Budget has been designed to enable the Council to continue to manage the financial challenges that face the public sector and local government.  In particular, the 2020-21 Budget recognises £16.5 million of inflation and £26.8 million of cost pressures in 2020-21.  Cost pressures includes £6.6 million to manage additional demand as the cost of providing adult care continues to rise, and £14.2 million to fund the cost of services for Children in Care (CiC) and educational placements for children with Special Educational Needs and Disabilities (SEND).

In addition to the cost pressures known at the time of budget setting, the 2020-21 Budget re-establishes a corporate contingency to enable the Council to manage cost pressures that emerge after that point, such as the higher than expected increase to the National Living Wage from 1 April 2020 announced by the Government on  31 December 2019.  To manage these pressures, various mitigating actions are planned, in particular £11.5 million of savings resulting from the delivery of the Council’s Transformation Programmes. 

Further details of the contents of the 2020-2021 Budget and 2020-2023 Capital Programme, and the process for setting it, are available: 

  • 2020-2021 Budget and 2020-2023 Capital Programme: a comprehensive overview of the council’s finances for period from 2020-2021, to 2022-2023, including details of its spending plans, service pressures, savings programmes, income targets and investment in assets.
  • 2020-2021 Business Plan (PDF, 2.88MB): an outline of the council’s aims and ambitions for the year ahead, and its reflections on the past year. This includes summaries of the key financial information that underpins the 2020-2021 Budget and 2020-2023 Capital Programme, linking these to the council’s wider priorities.

As part of its 2020-2021 Budget and 2020-2023 Capital Programme, the council agreed the Council Tax that it will levy on its residents in 2020-2021.