Prime Highlights:
- Derby City Council proposes a balanced budget that protects essential services while investing nearly £60 million into the city over the next three years.
- The budget includes no staff redundancies and plans to create new roles, particularly in Adult Social Care, supporting both services and employment.
Key Facts:
- The three-year investment plan (2026/27 to 2028/29) allocates £26 million in the first year and £33 million over the following two years.
- Council Tax is set to rise by 4.99%, with 2% specifically ringfenced for social care, alongside an expansion of the Council Tax Support Scheme benefiting low-income households.
Background:
Derby City Council has unveiled proposals for a balanced budget that aims to safeguard essential services while investing nearly £60 million into the city over the next three years. The proposals, scheduled for review by the Council’s Cabinet later this month, include a three-year Medium-Term Financial Plan (MTFP) from 2026/27 to 2028/29.
Under the plan, £26 million would be invested in the first year, followed by £33 million over the next two years. The investment will go towards improving community safety, reducing poverty, and helping the city’s most vulnerable residents.
Councillor Nadine Peatfield, Leader of the Council, said, “After delivering over £260 million in savings since 2010, we are in a position to reinvest in Derby. Our proposals demonstrate responsible leadership, allowing us to maintain essential services while creating a city that residents can be proud of.”
The budget also includes savings of £7.756 million through careful financial management and innovative projects, including the Council’s efficiency initiatives. Importantly, the proposals include no staff redundancies and plan to create new roles, particularly in Adult Social Care.
The proposed budget would see a 4.99% increase in Council Tax, with 2% ringfenced for social care. Plans to expand Derby’s Council Tax Support Scheme could provide an additional £1.4 million in relief for low-income households.
Councillor Kathy Kozlowski, Cabinet Member for Governance and Finance, added, “We welcome the Government’s reforms to council funding and look forward to using additional resources to further invest in Derby.”
Residents are encouraged to join the discussion and share their views on the proposed budget via the Let’s Talk Derby website after the Cabinet’s review on 17 December 2025.
