Budget Consultation for 2025-2026
Our City Our Plan
Our annual budget is used to deliver priorities set out in Our City: Our Plan.
Our Priorities
The plan sets out the ambition that ‘Wulfrunians will live longer, healthier lives.’ Delivery of this ambition is supported by six priorities:
- Strong families where children grow up well and achieve their full potential
- Fulfilled lives with quality care for those that need it
- Healthy, inclusive communities
- Good homes in well-connected neighbourhoods
- More local people into good jobs and training
- Thriving economy in all parts of the city
Our Principles
Our six priorities are supported by four principles.
- Climate action
- Driven by digital
- Fair and equal
- Wolverhampton Pound
Click here for more information about each of the six priorities
Thriving economy in all parts of the city
The city is enjoying record levels of public and private investment. Our aim is to ensure that all residents and businesses can benefit from this investment and the new opportunities it will bring to the city. We will deliver this aim through inclusive growth, increasing access to good quality jobs, raising skill levels and improving health and wellbeing outcomes for all in our city.
Our economy has growing sectors in professional services, creative and digital as well as green technologies and sustainable construction which have the potential to create new local jobs with higher wages. We’re building on the city’s long history of innovation and entrepreneurship to support residents who want to become entrepreneurs to start their own businesses. In July 2022, in partnership with the Black Country Chamber of Commerce and University of Wolverhampton, we opened IGNITE, a new business workspace and start-up centre in the heart of the city. A report from the British Business Bank in November 2022 identified Wolverhampton as the top local authority in the West Midlands for start-ups. Supporting the growth of new enterprise in all parts of our city to drive inclusivity and equality across the business base, ensuring ethnicity, gender and socio-economic background are not barriers to starting and growing a business.
Strong families where children grow up well and achieve their full potential
We want all children and young people in our city to grow up happy and healthy and to realise their full potential. Families, wider social networks, communities and schools are important to helping children and young people achieve this, but at different times in their lives they may face challenges and need different types of support. Our aim is to help families early, preventing problems from becoming entrenched and responding to early warning signs so that children and young people have the right support to thrive.
Fulfilled lives for all with quality care for those that need it
We want all residents of the city to live independent lives for longer and to have a good quality of life. Being in good health for as long as possible impacts on our relationships with family and friends, and our ability to fully participate in the community and to contribute to the local economy. Staying in good health into older age is also closely related to how much support and care a person needs and their use of services such as adult social care.
Healthy, inclusive communities
A good start in life, high-quality education and employment, and a decent home in a thriving community are the strongest factors that influence both how long a person is likely to live and their quality of life. Getting these factors right, coupled with enabling access to high quality health and care services, will have a significant impact on the health and wellbeing of our residents.
Good homes in well-connected neighbourhoods
The home in which a family lives is one of the most important factors in determining their wellbeing and prosperity. We are committed to ensuring that every resident has a safe, stable and affordable home so they can achieve their full potential and build communities where everyone can thrive.
More local people into good jobs and training
All residents in the city need an income which can support them and their family. We want all local people to have the right support and opportunities to get a stable job with decent pay so that they can build a future and help us grow our city together. Wolverhampton is home to thousands of businesses which offer fantastic employment opportunities. We know that some of our residents find it harder than others to access good quality work and face a range of barriers to employment from poor health, lack of skills or caring responsibilities.
Locally and nationally our economy is changing, and the skills local people will need to be successful in the workplace is changing with it. Having good digital skills is now more important than ever to support the rapid shift to digital technologies, the climate change challenge is leading to increasing demand for skills to support the low carbon economy whilst our aging population means our reliance on our critical health and social care workforce will continue to rise. We must ensure we have a flexible, adaptable and resilient skills system which is able to respond to these emerging opportunity areas. We will do this by joining up activity across schools, further education, training providers and other organisations to ensure that there is a seamless, whole-system approach to education, work and skills.