Council leader says Swansea on track for balanced budget despite £1.3m overspend
Cabinet members were told the council’s £648m budget is being tightly managed at a time of soaring demand for social care, home‑to‑school transport and homelessness support.
Cllr Stewart said the financial picture is “better than in previous years” thanks to careful management across the organisation.
He said:
“Like other councils, our main pressures are in social services where demand for care and support continues to rise and in areas such as home‑to‑school transport and tackling the homelessness crisis.
At this time of year, despite the challenges, the council remains committed to delivering on its promise to find a bed for all homeless people who need one.”
Underspends in other departments, including Education and Finance, are helping to offset the pressures.
Cabinet also heard that of the £13.97m in savings agreed for 2025/26, a remarkable 94% are forecast to be achieved — a milestone officials say reflects the “commitment and creativity” of staff in finding new ways to work more efficiently.
Alongside balancing the books, the council says it’s continuing to invest in Swansea’s future. More than £52m has already been spent on capital projects this year, ranging from school improvements and city centre regeneration to highways upgrades and housing.
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