State IntegrityReceipts, not verdicts

Essex County Council: spending, reserves and debt

Essex County Council runs county-wide services such as schools, social care and roads for about 1,576,125 people in the East of England, alongside 12 district councils.

Key figures

Net spending on services, 2025-26
£2.41 billion
£1,528 per resident · MHCLG revenue outturn
Reserves, 31 March 2026
£654.8 million
unallocated and earmarked · MHCLG revenue outturn
Borrowing, 31 March 2026
£471.0 million
outstanding · £299 per resident · MHCLG
Investments, 31 March 2026
£593.1 million
outstanding · MHCLG
Band D, 2026-27
£1,641.96
this authority's precept · MHCLG
Population, mid-2025
1,576,125

What the figures show

Essex County Council spent £2.41 billion on services in 2025-26, MHCLG reports. The largest item was education at £990.1 million, followed by adult social care at £740.4 million.

In cash terms the total was 10.1% higher than in 2024-25, and 58% higher than the £1.52 billion of 2017-18.

At 31 March 2026 the authority held £654.8 million in unallocated and earmarked reserves (£68.1 million unallocated, £586.7 million earmarked for set purposes), excluding schools and public health reserves. Over the year to 31 March 2026 reserves rose by £5.0 million. It is the highest year-end figure since the series began in 2018.

Outstanding borrowing was £471.0 million at 31 March 2026, from the MHCLG borrowing and investment table, against investments of £593.1 million. At 31 March 2010 it was £315.2 million. The latest quarter, to 30 June 2026, shows £467.7 million.

That is £299 for each resident, dividing the borrowing figure by the ONS mid-2025 population estimate (1,576,125), the 3rd lowest of the 21 county councils in England with money pages here.

For 2026-27, this authority's Band D precept is £1,641.96, +3.9% on 2025-26 and 3.8 times the £432.00 of 1993-94. On the statutory proportions that means £1,094.64 in Band A and £3,283.92 in Band H.

Essex County Council spending by service, 2025-26

ServiceNet spending, 2025-26Share of services that cost moneyPer resident
Education£990.1 million41.1%£628.21
Adult social care£740.4 million30.7%£469.76
Children's social care£300.3 million12.5%£190.55
Highways and transport£114.5 million4.8%£72.63
Environment and regulation (including waste)£92.9 million3.9%£58.96
Public health£82.8 million3.4%£52.54
Central services£32.6 million1.4%£20.66
Culture and leisure£31.3 million1.3%£19.88
Planning and development£20.5 million0.8%£12.98
Housing (not council housing)£2.4 million0.1%£1.55
Total£2.41 billion£1,527.70
£2.41 billion£0 2017-182025-26
Essex County Council net spending, 2017-18 to 2025-26.
£654.8 million£0 Mar 2018Mar 2026
Essex County Council reserves, 31 March 2018 to 31 March 2026.
£616.7 million£0 Mar 2010Mar 2026
Essex County Council borrowing, 31 March 2010 to 31 March 2026.
£1,642£0 1993-942026-27
Essex County Council Band D, 1993-94 to 2026-27.

History

Essex County Council: net spending by year
YearNet spending
2017-18£1.52 billion
2018-19£1.51 billion
2019-20£1.53 billion
2020-21£1.62 billion
2021-22£1.72 billion
2022-23£1.81 billion
2023-24£1.98 billion
2024-25£2.19 billion
2025-26£2.41 billion
Essex County Council: reserves at 31 March
DateReserves
31 March 2018£294.9 million
31 March 2019£309.8 million
31 March 2020£362.4 million
31 March 2021£513.5 million
31 March 2022£562.1 million
31 March 2023£595.6 million
31 March 2024£630.1 million
31 March 2025£649.8 million
31 March 2026£654.8 million
Essex County Council: borrowing and investments
DateBorrowingInvestments
31 March 2010£315.2 million£103.7 million
31 March 2011£363.2 million£79.5 million
31 March 2012£362.8 million£150.8 million
31 March 2013£359.9 million£254.4 million
31 March 2014£352.5 million£310.3 million
31 March 2015£355.3 million£273.0 million
31 March 2016£352.5 million£218.3 million
31 March 2017£511.4 million£313.1 million
31 March 2018£507.2 million£261.1 million
31 March 2019£513.1 million£269.8 million
31 March 2020£616.7 million£465.2 million
31 March 2021£601.5 million£587.7 million
31 March 2022£596.9 million£575.8 million
31 March 2023£593.8 million£633.1 million
31 March 2024£588.2 million£696.9 million
31 March 2025£573.0 million£695.4 million
31 March 2026£471.0 million£593.1 million
Essex County Council: Band D by year
YearBand D
1993-94£432.00
1994-95£448.88
1995-96£432.00
1996-97£460.00
1997-98£486.00
1998-99£558.36
1999-00£598.50
2000-01£648.00
2001-02£699.48
2002-03£767.88
2003-04£896.40
2004-05£891.54
2005-06£917.73
2006-07£960.39
2007-08£1,003.95
2008-09£1,046.61
2009-10£1,066.50
2010-11£1,086.75
2011-12£1,086.75
2012-13£1,086.75
2013-14£1,086.75
2014-15£1,086.75
2015-16£1,086.75
2016-17£1,130.13
2017-18£1,163.70
2018-19£1,221.75
2019-20£1,270.44
2020-21£1,321.11
2021-22£1,340.91
2022-23£1,401.12
2023-24£1,450.17
2024-25£1,522.53
2025-26£1,579.59
2026-27£1,641.96

Essex County Council figures as CSV · What each figure measures

Essex County Council council tax bands, 2026-27

Worked out from Band D (£1,641.96) at the proportions in section 5 of the Local Government Finance Act 1992; this authority's share only.

BandAnnual amount
Band A£1,094.64
Band B£1,277.08
Band C£1,459.52
Band D£1,641.96
Band E£2,006.84
Band F£2,371.72
Band G£2,736.60
Band H£3,283.92

Councils above and below

Where Essex County Council sits in the ladder of power

The bodies above Essex County Council and the council areas it serves. How the ten levels work.

  1. Level 4: County councils, combined authorities and metro mayors

    • Essex County Council this page
  2. Level 7: Regional blocs and supranational bodies

  3. Level 8: The UN and global treaty bodies

  4. Level 9: The IMF, World Bank and global finance

    • International Monetary Fund (IMF) The UK has been a member since 27 December 1945 and has a quota of SDR 20,155.1 million (IMF country page for the United Kingdom).
    • World Bank Group (WBG) The UK holds 3.75% of voting power in the IBRD (data as of 30 June 2026) and 6.92% in IDA (as of 30 June 2026), according to the World Bank's voting tables.
  5. Level 10: G7, G20, Davos and global forums

    • G7 The UK is one of the seven members.
    • G20 The UK is a G20 member.

Sources

MHCLG revenue outturn · MHCLG borrowing and investment table · MHCLG Band D table · ONS population, mid-2025. Read 15 October 2026; file fingerprints (SHA-256) are listed on the council money page.

More on Essex County Council

Figures checked 15 October 2026. Link moved or figure out of date? Tell us.