Skip to main content

Budgets and finance strategy

Finance strategy

We have two clear strategic priorities, stronger economies and stronger communities. In order to achieve those priorities the council must have a clear and robust financial strategy which focuses on our long term financial sustainability.

A financial strategy refers to the practice adopted by an organisation or business in order to pursue its economic goals and objectives. A financial strategy is especially important when it comes to setting the short-term operating framework needed to achieve long-term results.

Read our Finance Strategy (PDF)

Budget summary

The council maintains a rolling 3 year budget used for assessing its income and expenditure requirements.

Read our Budget Summary 2023/24 (PDF, 917KB) .


Some organisations that provide important services across North East Lincolnshire and its neighbouring authorities make a charge on each local authority based on its Council Tax Base.

This charge (called a Levy) forms part of the calculation North East Lincolnshire Council makes when arriving at its Council Tax figure each year.

The organisations which make these Levies are:

For more information about each organisations levy please visit their websites.

Spend for each levy for the last 6 financial years

North East Lindsey Drainage Board391,487397,438413,692425,788452,212526,687615,469
Environment Agency124,600123,982126,173127,551128,821131,178135,981
Lindsey Marsh Drainage Borad7,9029,1449,3959,6779,96512,71512,811
North Eastern Sea Fisheries133,354136,022142,823144,251148,579153,036170,635
Total Levies Charged657,343666,586692,083707,268739,577823,616934,895