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Tue, 16 Feb 2021
The Treasury Minister delivered his budget for 2021 today.
Alfred Cannan confirmed Government revenue spending from April is budgeted at £1.161 billion - that represents £13,740 for every person on the Island – an increase of 3.9%.
This per person figure includes:
• £4,015 for social security payments such as the state pension, income support and child benefit
• £3,229 for health and social care services, of which £1,407 relates to Noble’s Hospital, £869 for primary care, £529 for social care services, £199 for providing free or subsidised prescriptions or drugs and £231 for treating Manx patients in the United Kingdom
• £1,420 for education, including £128 for university fees
• £1,325 for former Government employee pensions, of which around £383 comes from current employee contributions
• £431 for the police, fire, prison and other parts of the Department of Home Affairs
• £249 for supporting the Department of Environment, Food and Agriculture, including the Office of Fair Trading & Road Transport Licencing Committee
• £192 net expenditure (after income) for public transport and heritage railways
• £143 for waste management, in addition a further £75 raised via local authorities or business waste charges
• £72 for sports and the arts, including subsidising regional swimming pools.
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