Budget
Our current budget runs from 1 April 2024 to 31 March 2025, details of the financial plan agreed can be found online.
Around 80% of our funding comes from the Scottish Government and 20% is raised through Council Tax. There are two budgets - Revenue and Capital.
Revenue is the day-to-day running costs used to provide services and includes salary and wage costs, property costs, supplies and services, administration costs, interest payments and repayment of debts.
Capital is what we spend on our council-owned buildings, assets infrastructure.
We are currently working through the budget process so we can set the 2025/2026 budget.
We have launched our Budget Consultation and looking for feedback from residents in the Borders to help shape the budget, due to be set in February 2025. The consultation can be completed online via Citizen Space. The survey will be open until 23:59 Sunday 2 February 2025.
Impacts of inflation
Understanding how our budget works
This handy video explains how our budget works and the difference between revenue and capital.
Equality Impact Assessment
View the Equality Impact Assessment for our current budget.