Sheffield City Council will provide an update on its financial position and reaffirm its commitment to ensure a stable and sustainable authority that delivers for the city and its residents, in a report being presented to the Strategy and Resources Committee on 10 July 2025.
A proactive cross-party approach to the Council’s financial sustainability will be taken to manage the challenging budget situation which Sheffield City Council, like many other local authorities, faces.
Over the past 13 years, Sheffield, along with many other local authorities, has seen significant reductions in funding from central government. Alongside this, demand for services is rising.
Proactive steps are being taken to ensure the Council remains able to set out a balanced budget in the long-term, including transforming services to run in a more sustainable and efficient way.
Sheffield City Council’s administration for 2025/2026 will be formed of a collaboration between Labour, the Liberal Democrats and the Green Party for a third year running.
Since March this year (2024), Sheffield City Council has been working alongside the largest council landlords in England to develop recommendations that can ‘secure the future of England’s council housing’.
