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Budget 2024

Where Does Your Money Go

The Manx gov is set to spend £1.3bn across the coming financial year,

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With the Manx gov set to spend £1.3bn across the coming financial year, what do we actually get for our cash?

The year’s gov spending plans equates to £16,343 per person, up £1,100 from the current year.

This per person figure includes:

  • £4,863 for Social Security payments such as the State Pension, Income Support and Child Benefit and allocation of National Insurance funds towards the NHS
  • £4,311 for Health and Social Care Services, of which £1,800 relates to Noble’s Hospital, £850 for Primary Care, £812 for Social Care Services, £249 for providing free or subsidised prescriptions or drugs and £312 for treating Manx patients in the United Kingdom
  • £1,806 for Education, Sport and Culture including £118 for University Fees, £103 for Sports, Recreation and Youth Services, including subsidising regional swimming pools, and £47 for Culture, including the Villa Gaiety
  • £523 for the Police, Fire, Prison and other parts of the Department of Home Affairs
  • £282 for supporting the Department of Environment, Food and Agriculture, including the Office of Fair Trading & Road Transport Licencing Committee
  • £116 net expenditure (after income) for Public Transport and Heritage Railways