Council budgets and spending

Budget sets out how public money is raised and allocated, shaping everything from local services to long‑term investment.

Budget

The council’s budget is approved by full council each February and outlines funding, Council Tax levels, future financial planning, and capital investment.

Spending

This page shows council spending, highlighting how resources are allocated to deliver services and support the community.

Statement of accounts

New Audit Regulations introduced in September 2024 aim to reduce the national audit backlog affecting councils, including Colchester, by setting deadlines and allowing disclaimed audit opinions where necessary.

Transforming Colchester City Centre

Colchester is on the verge of a remarkable transformation with over £40 million of central government investment and millions more in grants dedicated to ongoing regeneration of our beloved city centre.