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You are at :Home»Business»Sandwell Council approves balanced budget for next financial year
Business Local News 3 Mins ReadMarch 6, 2025No Comments0 Views

Sandwell Council approves balanced budget for next financial year

Sandwell Council’s 2025/2026 budget has been approved by full council.

At a meeting on Tuesday (25 February), councillors approved:

£366million of spending on services that serve 344,000 residents,

plus £140million of investment on capital projects,

and a further £78million of investment in the council’s housing stock.

Deputy Leader and Cabinet Member for Finance Councillor Paul Moore told the meeting: “Almost 60 per cent of our budget is spent on Adult Social Care and Children’s Services and Education – supporting the elderly, the vulnerable, the disabled and our children and young people.

“This is a budget that makes sure we are supporting vulnerable people as much as we can.

“This is a budget that gets things done and delivers the services that matter to our residents.

“And this is a budget that gives us a foundation for long-term success that will make lasting changes to benefit our residents and borough for generations to come.”

Councillor Moore told Tuesday’s meeting that the council had made “bold and difficult” decisions to balance the budget for 2025/26.

“Although we’re not facing the extreme financial challenges some councils are facing, we do have a £19 million budget gap for next year and legally have to set a balanced budget. So that has meant having to make some bold and difficult decisions,” he said.

“Like most councils, we are proposing an increase in Council Tax of 4.99% to allow us to continue to operate the services that really matter to our residents, in the face of increasing costs and demand. But some councils are increasing council tax by as much as double that, against a backdrop of higher borrowing.

“Despite this, the amount the average Sandwell household pays towards Council Tax is the lowest in the West Midlands region and among the lowest in the country.

“We’ve done all we can to keep it that way,” Councillor Moore added.

Councillor Moore also explained how moving to alternate weekly bin collections was a vital step to increasing recycling rates and protecting the council from increased costs in the future.

“The bottom line is that we can’t continue to have one of the lowest rates in the country for recycling, when there is huge pressure on councils to increase this. Not just for the good of the environment, but because this is going to cost Council Tax payers in the long-term if we don’t do something now,” he said.

The council’s budget took into consideration findings from the biggest ever budget consultation which engaged with around 2,800 residents, businesses, voluntary sector organisations and young people.

Three quarters of Sandwell households are in the two lowest bands. The increase in Council Tax for these properties ranges from £1.11 per week for a Band A property to £1.30 per week for a Band B property.

One in three Band A properties and one in six Band B properties also receive a Council Tax reduction based on their income, meaning those households will see a lower increase in their bill.

Precepts for the police and fire service will be shown separately on Council Tax bills when they are sent to households in March.

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