About our budget

The budget sets out how much money we can spend on achieving our objectives within each service.

Our budget has two elements:

A revenue budget which includes spending on the day-to-day running of services, for example salaries, contracts for services and running expenses of buildings
A capital programme which includes expenditure on items that will be used by Norfolk County Council for more than one year: for example, land, buildings and vehicles

The revenue budget and capital programme are supported by the annual treasury management strategy.

Revenue budget

Here are some key facts:

Our gross revenue budget for this year (2025-26) is £2.167 billion
Between 2010-11 and 2019-20 our grant from the government was cut by £220m
The County Council approved an increase in council tax of 4.99% for 2025-26, including 2% for adult social care.
Council tax accounts for 26% of Norfolk County Council funding and will raise £572m in 2025-26
Between 2011-12 and 2025-26 we have budgeted for savings of £652m
Over the same period the Council has had to absorb additional costs of over one billion pounds

A capital programme for 2024-30 of £1.140bn.