State IntegrityReceipts, not verdicts

Sheffield: spending, reserves and debt

Sheffield is a metropolitan borough council in the Yorkshire and the Humber with about 579,517 residents (ONS, mid-2025).

Key figures

Net spending on services, 2025-26
£1.22 billion
£2,098 per resident · MHCLG revenue outturn
Reserves, 31 March 2026
£256.7 million
unallocated and earmarked · MHCLG revenue outturn
Borrowing, 31 March 2026
£739.5 million
outstanding · £1,276 per resident · MHCLG
Investments, 31 March 2026
£233.6 million
outstanding · MHCLG
Band D, 2026-27
£2,510.16
area average, all precepts · MHCLG
Population, mid-2025
579,517

What the figures show

MHCLG records net spending on services of £1.22 billion by Sheffield in 2025-26; education was the biggest single service, at 35% of the services that cost money.

At 31 March 2026 the council held £256.7 million in unallocated and earmarked reserves (£21.1 million unallocated, £235.6 million earmarked for set purposes), excluding schools and public health reserves.

Outstanding borrowing was £739.5 million at 31 March 2026, from the MHCLG borrowing and investment table, against investments of £233.6 million. That is below the £1.04 billion recorded at 31 March 2010. The latest quarter, to 30 June 2026, shows £733.9 million.

Divided by the ONS mid-2025 population estimate of 579,517, borrowing comes to £1,276 per resident, 9th highest of the 15 unitary, metropolitan and London borough councils in the Yorkshire and the Humber with money pages here.

For 2026-27, the average Band D bill in the area is £2,510.16, +5.1% on 2025-26 and 3.9 times the £641.25 of 1993-94. On the statutory proportions that means £1,673.44 in Band A and £5,020.32 in Band H.

Sheffield spending by service, 2025-26

ServiceNet spending, 2025-26Share of services that cost moneyPer resident
Education£426.0 million35.0%£735.04
Adult social care£336.4 million27.7%£580.50
Children's social care£168.6 million13.9%£290.99
Highways and transport£68.7 million5.6%£118.55
Environment and regulation (including waste)£58.8 million4.8%£101.47
Public health£40.9 million3.4%£70.54
Central services£35.9 million3.0%£62.01
Culture and leisure£27.0 million2.2%£46.67
Housing (not council housing)£26.9 million2.2%£46.48
Planning and development£26.6 million2.2%£45.98
Total£1.22 billion£2,098.23
£1.06 billion£0 Mar 2010Mar 2026
Sheffield borrowing, 31 March 2010 to 31 March 2026.
£2,510£0 1993-942026-27
Sheffield Band D, 1993-94 to 2026-27.

History

Sheffield: borrowing and investments
DateBorrowingInvestments
31 March 2010£1.04 billion£1.8 million
31 March 2011£1.06 billion£19.6 million
31 March 2012£303.0 million£45.7 million
31 March 2013£698.4 million£138.0 million
31 March 2014£699.0 million£89.2 million
31 March 2015£679.0 million£101.1 million
31 March 2016£740.0 million£86.7 million
31 March 2017£746.7 million£84.7 million
31 March 2018£799.9 million£90.1 million
31 March 2019£802.9 million£113.5 million
31 March 2020£868.5 million£168.1 million
31 March 2021£857.7 million£264.6 million
31 March 2022£898.4 million£387.2 million
31 March 2023£900.4 million£363.1 million
31 March 2024£862.4 million£181.9 million
31 March 2025£825.9 million£160.8 million
31 March 2026£739.5 million£233.6 million
Sheffield: Band D by year
YearArea Band DCouncil's own Band D
1993-94£641.25not published
1994-95£624.38not published
1995-96£706.50not published
1996-97£725.17£653.65
1997-98£766.88£686.29
1998-99£836.01£753.30
1999-00£885.52£797.77
2000-01£937.89£843.27
2001-02£1,002.00£901.68
2002-03£1,065.69£948.56
2003-04£1,154.58£1,013.78
2004-05£1,215.88£1,063.96
2005-06£1,273.97£1,114.50
2006-07£1,333.18£1,165.77
2007-08£1,386.33£1,210.69
2008-09£1,424.84£1,240.96
2009-10£1,455.21£1,265.15
2010-11£1,478.25£1,282.75
2011-12£1,478.28£1,282.75
2012-13£1,485.89£1,282.75
2013-14£1,492.81£1,282.75
2014-15£1,496.94£1,282.75
2015-16£1,526.28£1,308.28
2016-17£1,584.87£1,360.48
2017-18£1,659.15£1,428.36
2018-19£1,758.80£1,513.92
2019-20£1,830.23£1,559.18
2020-21£1,898.61£1,621.40
2021-22£1,996.04£1,702.31
2022-23£2,058.39£1,753.21
2023-24£2,165.85£1,840.69
2024-25£2,273.25£1,932.56
2025-26£2,388.76£2,028.99
2026-27£2,510.16£2,130.23

Sheffield figures as CSV · What each figure measures

Sheffield council tax bands, 2026-27

Worked out from Band D (£2,510.16) at the proportions in section 5 of the Local Government Finance Act 1992; area averages.

BandAnnual amount
Band A£1,673.44
Band B£1,952.35
Band C£2,231.25
Band D£2,510.16
Band E£3,067.97
Band F£3,625.79
Band G£4,183.60
Band H£5,020.32

Who has power over Sheffield

Every body that makes decisions for Sheffield, from the street up to the G20. Each one links to its page on the official record. How the ten levels work.

  1. Level 1: Neighbourhood and community power

    Residents' and tenants' groups, neighbourhood forums and local policing panels.

  2. Level 2: Parish, town and community councils

    Parish, town and community councils, where the area has them, sit below the council.

  3. Level 3: Local councils

  4. Level 5: Devolved and state governments

    England has no devolved parliament of its own: its laws are made by the UK Parliament.

  5. Level 6: National government

  6. Level 7: Regional blocs and supranational bodies

  7. Level 8: The UN and global treaty bodies

  8. 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.
  9. 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 Sheffield

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