The SANE Collective

Glasgow’s Finances: In Numbers

Taken from SANE’s report Glasgow’s Money.

• £0: The amount of tax paid by the owners of the Glasgow schools PFI consortium.
• £562 million: The amount still owed to the Glasgow schools PFI consortium by the council, 19 years after the project began.
• £346 million: The asset value of the Glasgow schools built by the PFI consortium.
• £11 million: The amount per annum the council could save if it re-financed its ‘Lobo’ loans, equivalent to the cost of running four primary schools.
• 13%: The number of owner-occupiers in the new housing built in Dalmarnock as part of the CommonWealth Games 2014 regeneration project who have a prior connection to the area.
• £249,256: The amount earned in 2020/21 by Dr Graham Paterson, executive director of council owned City Buildings (Contracts) LLP, whose contract was terminated on 12 March 2021.
• 13: The number of senior council staff who earn over £100,000 per annum (up from six in 2016/17)
• 62: The number of Glasgow Life venues which remain closed in 2021/22 (out of 172)
• 71.6%: The % of council services expenditure which is going towards Education and Social Work in 2021/22.
• 14.3%: The rise in cost of Band D council tax in Glasgow over the past five years.
• 45p: The pence in every pound of Council Tax income which went towards paying off the council’s debt in 2020/21.
• 40.9%: The growth in the cost of private rents in Glasgow City from 2010 to 2020. Private renters have to pay the increased cost of council tax while private landlords do not.
• 3.5: The times more which Band H local taxpayers pay than those in Band A.
• 15: The times more which Band H properties are worth than those in Band A.
• £270: The drop in real terms revenue funding per head from the Scottish Government to Glasgow City Council from 2013/14 to 2019/20, the highest reduction in Scotland.