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 to 2022

On Thursday 11 February 2021, for Council approved its Budget for 2021-22 (i.e. the period from 1 April 2021 to 31 March 2022).  This comprised a net revenue budget of £597.9 million and a capital programme of £113.0 million. 

The 2021-22 Budget has been developed to enable the Council to continue to manage the both the financial implications of COVID-19 and the ongoing challenges that face the public sector and local government. In particular, the 2021-22 Budget recognises £18.7 million of inflation, £15.3 million of COVID-19 related pressures, and £38.8 million of other cost pressures, with this being offset by £11.3 million of mitigating actions and £10.9 million of savings resulting from transformational change. 

Further details of the contents of the 2021-2022 Budget and 2021-2024 Capital Programme, and the process for setting it, are available via the links below: 

  • 2021 to 2022 Budget and 2021 to 2024 Capital Programme: a comprehensive overview of the council’s finances for period from 2021 to 2022, to 2021 to 2024, including details of its spending plans, service pressures, savings programmes, income targets and investment in assets.
  • 2021 to 2022 Business Plan: 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 2021 to 2022 Budget and 2021 to 2024 Capital Programme, the council agreed the Council Tax that it will levy on its residents in 2021 to 2022.