Explore where Glasgow gets its money. It pays for schools, social care, roads, waste management, and other vital services.
Glasgow expects £1.7 billion in funding for 2025/26. This amount could increase thanks to a council tax rise. The Scottish Government gives Glasgow a grant which helps them run local services daily. It is about 60% of Glasgow’s income.
The Government grant is now over inflation rates, standing at £1.253 billion. That’s £370 million more than before Covid. Non-domestic rates are another income source. These are taxes on businesses and offices directly, which the Scottish Government sets yearly.
Glasgow budgeted £386.817m from these taxes in 2024/25. Keeping up with inflation would add £90m more. Glasgow hesitated to raise council tax before, but now, they plan a 7.5% increase for residents. This is their largest tax hike in years.
Council tax brought in £274.105m in 2023/24. It helps pay for various Glasgow services daily. Fees and charges also generate revenue. These include school meals and planning fees paid, and this money helps cover service costs too.
Glasgow funds early learning and primary schools. They also manage special education facilities often, giving accessible education to children. Social care provides help for families and adults. The city supports alcohol and drug recovery services, and carers receive needed help too.
Glasgow invests in housing projects each year. This provides housing and enforces standards well, ensuring private housing quality too. Environmental revenue goes to waste and recycling. It funds park maintenance and green projects, promoting a cleaner, greener environment.
The council maintains roads and manages parking areas well. They support transport projects regularly, actively improving city connectivity. Libraries and museums are run with revenue help. Sports facilities and community centers benefit, enabling people to enjoy culture and active lives there.
Glasgow gives grants to community groups through the Glasgow Communities Fund. The fund supports local and city-wide projects. The current phase runs from 2023 to 2026. It allocates over £55 million readily; nearly 240 groups are helped well too.
Glasgow considers changes for more income yearly. Tolls for the Clyde Tunnel are being considered, specifically for drivers living outside Glasgow. A congestion charge is another idea being discussed as they need to grow revenue in future years. The budget will get smaller otherwise.
A tourist tax is proposed in Glasgow currently. A 5% levy is considered for hotel stays here. It could raise £11 million each year alone.