State IntegrityReceipts, not verdicts

Lancashire County Council: spending, reserves and debt

Lancashire County Council runs county-wide services such as schools, social care and roads for about 1,308,567 people in the North West, alongside 12 district councils.

Key figures

Net spending on services, 2025-26
£2.69 billion
£2,057 per resident · MHCLG revenue outturn
Reserves, 31 March 2026
£361.7 million
unallocated and earmarked · MHCLG revenue outturn
Borrowing, 31 March 2026
£953.3 million
outstanding · £728 per resident · MHCLG
Investments, 31 March 2026
£590.8 million
outstanding · MHCLG
Band D, 2026-27
£1,801.75
this authority's precept · MHCLG
Population, mid-2025
1,308,567

What the figures show

In 2025-26 Lancashire County Council spent £2.69 billion on services, net of fees and service grants, and education accounted for 52% of it (£1.40 billion), MHCLG reports.

In cash terms the total was 8.7% higher than in 2024-25, and 55% higher than the £1.73 billion of 2017-18.

At 31 March 2026 the authority held £361.7 million in unallocated and earmarked reserves (£66.2 million unallocated, £295.4 million earmarked for set purposes), excluding schools and public health reserves. That is £16.7 million more than a year earlier (+5%). The peak in this series was £419.8 million at 31 March 2022.

Outstanding borrowing was £953.3 million at 31 March 2026, from the MHCLG borrowing and investment table, against investments of £590.8 million. At 31 March 2010 it was £744.9 million. The latest quarter, to 30 June 2026, shows £965.8 million.

That is £728 for each resident, dividing the borrowing figure by the ONS mid-2025 population estimate (1,308,567), 6th highest of the 21 county councils in England with money pages here.

For 2026-27, this authority's Band D precept is £1,801.75, +3.8% on 2025-26 and 3.4 times the £531.00 of 1993-94. On the statutory proportions that means £1,201.17 in Band A and £3,603.50 in Band H.

Lancashire County Council spending by service, 2025-26

ServiceNet spending, 2025-26Share of services that cost moneyPer resident
Education£1.40 billion52.1%£1,072.67
Adult social care£617.1 million22.9%£471.57
Children's social care£314.6 million11.7%£240.42
Public health£99.9 million3.7%£76.33
Environment and regulation (including waste)£98.9 million3.7%£75.56
Highways and transport£77.2 million2.9%£59.02
Central services£40.9 million1.5%£31.28
Culture and leisure£24.4 million0.9%£18.66
Planning and development£15.3 million0.6%£11.66
Total£2.69 billion£2,057.17
£2.69 billion£0 2017-182025-26
Lancashire County Council net spending, 2017-18 to 2025-26.
£419.8 million£0 Mar 2018Mar 2026
Lancashire County Council reserves, 31 March 2018 to 31 March 2026.
£1.55 billion£0 Mar 2010Mar 2026
Lancashire County Council borrowing, 31 March 2010 to 31 March 2026.
£1,802£0 1993-942026-27
Lancashire County Council Band D, 1993-94 to 2026-27.

History

Lancashire County Council: net spending by year
YearNet spending
2017-18£1.73 billion
2018-19£1.76 billion
2019-20£1.82 billion
2020-21£1.91 billion
2021-22£1.98 billion
2022-23£2.16 billion
2023-24£2.25 billion
2024-25£2.48 billion
2025-26£2.69 billion
Lancashire County Council: reserves at 31 March
DateReserves
31 March 2018£229.1 million
31 March 2019£239.8 million
31 March 2020£270.3 million
31 March 2021£373.5 million
31 March 2022£419.8 million
31 March 2023£387.4 million
31 March 2024£366.2 million
31 March 2025£345.0 million
31 March 2026£361.7 million
Lancashire County Council: borrowing and investments
DateBorrowingInvestments
31 March 2010£744.9 million£539.9 million
31 March 2011£824.6 million£476.7 million
31 March 2012£821.1 million£597.8 million
31 March 2013£767.5 million£549.4 million
31 March 2014£817.4 million£592.2 million
31 March 2015£1.04 billion£637.5 million
31 March 2016£976.8 million£578.5 million
31 March 2017£1.04 billion£566.8 million
31 March 2018£951.8 million£338.3 million
31 March 2019£1.00 billion£478.9 million
31 March 2020£1.55 billion£1.10 billion
31 March 2021£1.38 billion£1.01 billion
31 March 2022£1.21 billion£871.4 million
31 March 2023£1.18 billion£863.6 million
31 March 2024£1.11 billion£624.6 million
31 March 2025£1.05 billion£575.9 million
31 March 2026£953.3 million£590.8 million
Lancashire County Council: Band D by year
YearBand D
1993-94£531.00
1994-95£571.50
1995-96£528.75
1996-97£557.00
1997-98£588.00
1998-99£673.36
1999-00£730.65
2000-01£768.35
2001-02£795.18
2002-03£856.58
2003-04£937.62
2004-05£927.11
2005-06£950.29
2006-07£996.85
2007-08£1,046.20
2008-09£1,077.06
2009-10£1,108.30
2010-11£1,108.30
2011-12£1,108.30
2012-13£1,108.30
2013-14£1,086.13
2014-15£1,107.74
2015-16£1,129.78
2016-17£1,174.86
2017-18£1,221.74
2018-19£1,294.92
2019-20£1,346.59
2020-21£1,400.32
2021-22£1,456.19
2022-23£1,514.29
2023-24£1,574.71
2024-25£1,653.29
2025-26£1,735.79
2026-27£1,801.75

Lancashire County Council figures as CSV · What each figure measures

Lancashire County Council council tax bands, 2026-27

Worked out from Band D (£1,801.75) at the proportions in section 5 of the Local Government Finance Act 1992; this authority's share only.

BandAnnual amount
Band A£1,201.17
Band B£1,401.36
Band C£1,601.56
Band D£1,801.75
Band E£2,202.14
Band F£2,602.53
Band G£3,002.92
Band H£3,603.50

Councils above and below

Where Lancashire County Council sits in the ladder of power

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

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

    • Lancashire 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 Lancashire County Council

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