Our budget for spending on council services for the year up to April 2024 is £736.2million.
Most of this – £441.2m (60%) – supports those most in need, caring for and supporting adults, children and people facing homelessness.
The next biggest slice – £108.5m (15%) – includes services in neighbourhoods like waste and recycling, maintaining roads and pavements and parks, libraries and leisure centres.
Growth and development – helping to attract investment, jobs and get much-needed homes built (including affordable homes) and providing a range of behind-the-scenes services which enable staff to work for the city together account for 14% (£102.7m).
The remainder goes on corporate budgets to help fund the city’s public transport, invest in building projects and reserves to help us meet any unexpected costs during the year (11%, £82.9m).
Extra cost of living support
This budget includes £7.5m of additional targeted support for the most vulnerable residents and the voluntary, community and social enterprise sector to boost their work helping Manchester people who are struggling the most during the cost-of-living crisis.
There is further funding for voluntary and community groups providing community hubs, good neighbour groups and other support.
There is also new support, in addition to existing welfare provision schemes, to help anyone struggling with outstanding council tax debts. This is in addition to the Council Tax Support Scheme which already gives tens of thousands of the lowest paid Manchester people substantial reductions in their bills.
Other extra investments
The budget also includes £26.4m extra for adult social care to support our residents, strengthen the social care sector and help ease some of the well-documented pressures on the NHS by discharging people from hospital appropriately.
There’s a £4m increase in the homelessness service budget to help manage pressures and give breathing space for savings from increased prevention and reduced use of temporary accommodation to be realised, and £3.3m investment in children’s services to increase prevention and help with higher placement costs.
An extra £1.5m in funding for cleaning and managing the city, and a £0.7m fund for small but urgent improvements around the city – for example fixing broken swings and replacing litter bins – is also included in this 2023/24 budget.
Where the money comes from
- Your council tax provides 29.6% of this budget (£217.97m)
- Business rates contribute 51.8% (£381m)
- Grants and other income raise 17.2% (£126.44m)
- Reserves cover 1.4% (10.05m).